WAEC Accounting 2023 Theory — Question 8

Question 8 of 21 from the West African Examinations Council (WAEC) Accounting 2023 Theory paper, with the correct answer and a full explanation.

2(e) Payment of cheque to Ige entered on the receipt side of the cash book and credited to Ige's account.

Model answer

This is an error of complete reversal (of entry). It will not affect the agreement of the trial balance totals.

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