Which of the following error will be a complete reversal of entries for the purchase of stationery for cash OMR 50 by the business? a. Debit Stationery OMR 50 and Credit Cash OMR 50 b. Debit Cash OMR 50 and Credit Purchase OMR 50 c. Debit Cash OMR 50 and Credit Stationery OMR 50 d. Debit Purchase OMR 50 and Credit Cash OMR 50
Which of the following error will be a complete reversal of entries for the purchase of stationery for cash OMR 50 by the business? a. Debit Stationery OMR 50 and Credit Cash OMR 50 b. Debit Cash OMR 50 and Credit Purchase OMR 50 c. Debit Cash OMR 50 and Credit Stationery OMR 50 d. Debit Purchase OMR 50 and Credit Cash OMR 50
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 23MC: You just posted a debit to Cash in the general ledger. Which special journal did it come from? A....
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Question
Which of the following error will be a complete reversal of entries for the purchase of stationery for cash OMR 50 by the business?
a.
Debit Stationery OMR 50 and Credit Cash OMR 50
b.
Debit Cash OMR 50 and Credit Purchase OMR 50
c.
Debit Cash OMR 50 and Credit Stationery OMR 50
d.
Debit Purchase OMR 50 and Credit Cash OMR 50
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