Which, if any, of the following journal entries is correct according to their narratives?
Dr Cr
$ $
(1) B receivables ledger account 450
Bad debts account 450
Irrecoverable balance written off
(2) Investments: Q ordinary shares 100,000
Share capital 100,000
80,000 shares of 50c each issued at
$1·25 in exchange for shares in Q.
(3) Suspense account 1,000
Motor vehicles account 1,000
Correction of error – debit side of
Motor vehicles account undercast by $1,000
A None of them
B 1 only
C 2 only
D 3 only A | 
发表于 2008-5-8 13:33
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