MCQOPTIONS
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| 1. |
A trial balance will not balance if |
| A. | Rs.500 cash payment to creditors is debited to creditors a/c for Rs.50 and credited to cash Rs.500. |
| B. | correct journal entry is posted twice |
| C. | the purchase on credit basis is debited to purchases and credited to cash |
| D. | None of the above |
| Answer» B. correct journal entry is posted twice | |