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Lima paid off debt of D2,500 owed to Dongoby cash. The entries in lima's book are: ...
Classroom
Accounts - Principles of Accounts Classroom
Waec
Waec 2021
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Lima paid off debt of D2,500 owed to Dongo by cash. The entries in lima's book are: debit
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Cash D2,500; credit Dongo D2,500
B
Dongo D2,500; credit cash D2,500
C
Bad debt D2,500; credit Dongo D2,500
D
Dongo D2,500; credit bad debt D2,500
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Correct Answer:
Option B
Explanation:
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