When both debit and credit entries in respect of a transaction are made in the same ledger account, this is
A a ledger entry
B an accounting entry
C a folio entry
D a contra entry
Answer is D
Tutors, Past Questions and Projects.
When both debit and credit entries in respect of a transaction are made in the same ledger account, this is
A a ledger entry
B an accounting entry
C a folio entry
D a contra entry
Answer is D
