N100 received from Laifat was entered on the payments side of the cash book with…

Accounts - Principles of Accounts WAEC 1991

N100 received from Laifat was entered on the payments side of the cash book with the double entry completed in her account. The correcting journal entries are

  • debit Latifat's account, credit cash book with N100
  • credit Latifat's account, debit cash book with N100
  • credit Latifa's account, debit cash book with N200 checkmark
  • debit Latifat's account, credit cash book with N200
  • credit Latifat's account, debit Suspense account with N200

The correct answer is: C

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