

MCQOPTIONS
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1. |
The entry to record the collection of cash from Sundry Debtors would involve a(i) Debit to Sundry Debtors (ii) Debit to Cash Account (iii) Credit to Sundry Debtors (iv) Credit to Cash Account |
A. | Only (i) above |
B. | Only (iii) above |
C. | Both (ii) and (iii) above |
D. | Both (i) and (iv) above |
Answer» D. Both (i) and (iv) above | |