O-LevelAccountingVerification of accounting records7707/11 · May/June 2012 · Q191 Mark
An invoice for stationery, $100, was entered as a credit note. Which entries should be made to correct this error?
Adebit $: stationery 100, credit $: supplier 100
Bdebit $: stationery 200, credit $: supplier 200
Cdebit $: supplier 100, credit $: stationery 100
Ddebit $: supplier 200, credit $: stationery 200
✓ Correct answer
B: debit $: stationery 200, credit $: supplier 200
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