Home » Classroom » JAMB Accounting 2017 Question

A double entry for a transaction that offsets o... - JAMB Accounting 2017 Question

A double entry for a transaction that offsets one amount against another on both sides of the cashbook is a
A
original entry
B
contra entry
C
prime entry
D
contract entry
correct option: b
contra entry is used to offset amount or same transaction against another on both side of the cashbook
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses