A debit entry in the cash account and a corresponding credit in Alieu’s account indicate…

Accounts - Principles of Accounts WAEC 2007

A debit entry in the cash account and a corresponding credit in Alieu’s account indicate a

  • receipt of cash from alieu checkmark
  • payment of cash to Alieu
  • sale of goods to Alieu for cash
  • purchases of goods from alieu for cash

The correct answer is: A

Explanation

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