Free account: track your progress — Sign up free

WAEC Book Keeping 2025 Objective — Question 6

Question 6 of 42 from the West African Examinations Council (WAEC) Book Keeping 2025 Objective paper, with the correct answer and a full explanation.

Advertisement

To correct this error, the entries should be:

  • A. Debit customer's account N2,000, credit cash account N2,000
  • B. Debit cash account N2,000, credit customer's account N2,000
  • C. Debit customer's account N4,000, credit cash account N4,000
  • D. Debit cash account N4,000, credit customer's account N4,000Correct

Explanation

To reverse an error of complete reversal you must post double the original amount in the correct direction: Debit cash account N4,000, Credit customer's account N4,000.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.