The double entry for refund of unsuccessful application monies is debit
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
- A Application for shares account, credit bank account
- B Bank account, credit application for shares accoun
- C Allotment account, credit bank account
- D Cash account, credit bank aaccount
Correct Answer: Option A
Explanation:
Share question on: