O-LevelAccountingVerification of accounting records7707/13 · Oct/Nov 2023 · Q91 Mark
The following entry was made in a journal to record the correction of an error. [Table showing debit $320 for Wasim, credit $320 for bank] Which error has been corrected?
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Acheque, $160, was credited to Wasim's account but no debit entry was made.
Bcheque, $160, was debited to the bank account but no credit entry was made.
Ccheque paid to Wasim, $160, was credited to his account and debited to the bank.
Dcheque received from Wasim, $160, was credited to his account and debited to the bank.
✓ Correct answer
C: cheque paid to Wasim, $160, was credited to his account and debited to the bank.
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