WAEC - Accounts Principles Of Accounts (2021 - No. 20)
Lima paid off debt of D2,500 owed to Dongo by cash. The entries in lima's book are: debit
cash D2,500; credit Dongo D2,500
Dongo D2,500; credit cash D2,500
Bad debt D2,500; credit Dongo D2,500
Dongo D2,500; credit bad debt D2,500
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