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Which of the following transaction is BEST recorded in the general journal?
Classroom
Accounts - Principles of Accounts Classroom
Jamb
Jamb 1995
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Which of the following transaction is BEST recorded in the general journal?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Payment of rent with cheque
B
Purchase of stock with cash
C
Purchase of an asset on credit terms
D
Transfer of cash from head office branch
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Show Explanation
Correct Answer:
Option D
Explanation:
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Accounts - Principles of Accounts
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