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Which of the following is a contra entry?
Question 1
Report
Which of the following is a contra entry?
lodgement of cheques into bank account
Loggement of cash in hand into bank account
withdrawal of cash for private use
treatment of discount receivd in the cash book
Answer Details
Read lesson note on Bank Transactions And Reconciliation Statements (JAMB)
Read lesson note on Cashbook (JAMB)
Read lesson note on Incomplete Records And Single Entry (JAMB)
Bank Transactions And Reconciliation Statements
Cashbook
Incomplete Records And Single Entry
View Answer