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The accounting entries used to record a cheque issued by a business is to?

The accounting entries used to record a cheque issued by a business is to?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Debit cash book and credit drawer
  • B Credit cash book and debit drawer
  • C Debit cash book and credit suspense account
  • D Credit cash book and debit suspense account
Correct Answer: Option A
Explanation:
In posting accounting entries, always bear in mind the basic accounting principle of ''for every debit entry, there must be a corresponding credit entry''. In the above question, a business paid out money to its creditor (someone owed by the business) through a check, this means that, the business cash/bank accounts will be debited (take money from) while the drawer (creditor whom is owed by the business) will be credited.Â

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