What is the cardinal rule of the double entry s... - JAMB Accounting 1994 Question
What is the cardinal rule of the double entry system?
A
Debit the increasing account and credit the decreasing account
B
Debit the receiving account and credit the giving account
C
Debit the asset account and credit the liability account
D
Debit the revenue account and credit the expenditure account
correct option: b
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