Ibrahim, a micro business operator, sold 10 bags of sugar to Jide at a total cost of #12,000. The record in Jide’s book would be to debit Posted on:
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 Posted on:
The correct posting in a double entry system of account when there is an increase in double assets, expenses, capital or liabilities is to debit Posted on: