When both debit and credit entries in respect of a transaction are made in the...

Accounts - Principles of Accounts

WAEC 2004

When both debit and credit entries in respect of a transaction are made in the same ledger account, this is

A. a ledger entry
B. an accounting entry
C. a folio entry
D. a contra entry

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Correct Answer: Option D

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When both debit and credit entries in respect of a transaction are made in the...

Correct Answer: Option D

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