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In the consignee's record account, the accounting treatment of expenses paid for on behalf of...

Accounts - Principles of Accounts
WAEC 1995
In the consignee's record account, the accounting treatment of expenses paid for on behalf of the consignor is debit
  • A. consignee's account, credit cash account, credit cash account
  • B. cash account, credit consignor's account
  • C. consignee's account, credit cash account
  • D. cash account, credit consignee's account
  • E. account sales, credit consignee's account
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Correct Answer: Option A
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Post UTME Past Questions Agent
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now