O-LevelAccountingVerification of accounting records7707/12 · Oct/Nov 2023 · Q91 Mark
A trader's journal shows the following entry. details debit $ credit $ John 300 Jane 300 correction of error Both John and Jane are credit customers of the trader. Which error is the journal entry correcting?
AGoods bought from Jane were wrongly credited to John.
BGoods bought from John were wrongly credited to Jane.
CGoods sold to Jane were wrongly debited to John.
DGoods sold to John were wrongly debited to Jane.
✓ Correct answer
D: Goods sold to John were wrongly debited to Jane.
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