Musa, a prepaid customer of XYZ and KLM, bought N1500 recharge card from XYZ, and N2000 recharge recharge card from KLM, for business calls. The entry to record these transaction is debit? - SchoolNGR

Search SchoolNGR

Musa, a prepaid customer of XYZ and KLM, bought N1500 recharge card from XYZ, and N2000 ...

Musa, a prepaid customer of XYZ and KLM, bought N1500 recharge card from XYZ, and N2000 recharge recharge card from KLM, for business calls. The entry to record these transaction is debit?

SchoolNGR Classroom

Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Telephone N3,500 credit XYZ and KLM, N3,500
B Telephone N3,500, credit cash N3,500
C Sundries N3,500, credit KLM N3,500
D Sundries N3,500, credit telephone N3,500

Correct Answer: Option B

Explanation:

Prev Current Next

Study Subjects

Stay Updated

Follow us on: