What is the ledger entry for sale of generator on credit to Patrick?

Accounts - Principles of Accounts JAMB 2015

What is the ledger entry for sale of generator on credit to Patrick?

  • credit sales account and debit Patrick’s account
  • credit generator account and debit cash account
  • credit sales account and debit cash account
  • credit generator account and debit Patrick’s account checkmark

The correct answer is: D

Explanation

Patrick is receiving and should be debited while generator account is giving
Previous Question Next Question

Leave A Comment