Accounting 0452 · IGCSE · Correction of errors

Correction of errors — practice question

A journal entry was entered to amend an error. Debit: Wasim $\$320$ Credit: bank $\$320$ Which error was corrected?

  • AA cheque, $\$160$, was credited to Wasim’s account but no debit entry was made.
  • BA cheque, $\$160$, was debited to the bank account but no credit entry was made.
  • CA cheque paid to Wasim, $\$160$, was credited to his account and debited to the bank.
  • DA cheque received from Wasim, $\$160$, was credited to his account and debited to the bank.

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