A debit entry in the cash account and a corresponding credit in Alieu’s account indicate a
A receipt of cash from alieu
B payment of cash to Alieu
C sale of goods to Alieu for cash
D purchases of goods from alieu for cash
Answer is A
Tutors, Past Questions and Projects.
A debit entry in the cash account and a corresponding credit in Alieu’s account indicate a
A receipt of cash from alieu
B payment of cash to Alieu
C sale of goods to Alieu for cash
D purchases of goods from alieu for cash
Answer is A