WAEC - Accounts Principles Of Accounts (1991 - No. 9)
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
debit Latifat's account, credit cash book with N200
credit Latifat's account, debit Suspense account with N200
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