Ibrahim, a micro business operator, sold 10 bags of sugar to Jide at a total cos...
Ibrahim, a micro business operator, sold 10 bags of sugar to Jide at a total cost of #12,000.
In the book of Ibrahim, the entry to record the transaction would be to debit
A) sugar account #12,000 and credit Jide #12,000
B) Jide #12,000 and credit sales account #12,000
C) Ibrahim #12,000 and credit Jide #12,000
D) sugar account #12,000 and credit Ibrahim #12,000
The correct answer is B.
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