AdmitMe
Accounts (Principles of Accounts) · Nature and purpose of accounting

Accounts (Principles of Accounts)Nature and purpose of accountingJAMB

The total of the accounting equation does NOT change when

Show answer

Answer: D. a debtor pays cash

One asset (debtors) falls and another (cash) rises by the same amount.

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

Practise Nature and purpose of accountingA timed set on this topic, freeAsk the AI TutorExplain it another way

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More Nature and purpose of accounting questions