Question on: JAMB Accounting - 2012
Ibrahim, a micro business operator, sold 10 bags of sugar to Jide at a total cost of #12,000.
In the book of Ibrahim, the entry to record the transaction would be to debit
A
sugar account #12,000 and credit Jide #12,000
B
Jide #12,000 and credit sales account #12,000
C
Ibrahim #12,000 and credit Jide #12,000
D
sugar account #12,000 and credit Ibrahim #12,000
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Correct Option: B
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