Jacob bought a motor vehicle for business purposes on credit from Waheed for $20000. This was not entered in Jacob’s records. Which journal entry would correct this error in Jacob’s records?
- Adebit Jacob $20000; credit motor vehicles $20000
- Bdebit motor vehicles $20000; credit Jacob $20000
- Cdebit motor vehicles $20000; credit Waheed $20000
- Ddebit Waheed $20000; credit motor vehicles $20000