What is the ledger entry for sale of generator ... - JAMB Accounting 2015 Question
What is the ledger entry for sale of generator on credit to Patrick?
A
credit sales account and debit Patrick’s account
B
credit generator account and debit cash account
C
credit sales account and debit cash account
D
credit generator account and debit Patrick’s account
correct option: d
Patrick is receiving and should be debited while generator account is giving
Please share this, thanks:
Add your answer
No responses