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      Question

      Which of the following options is the correct entry to

      self-balance the ledgers while recording credit sales to Mr. X?
      A Credit Sales Ledger adjustment account in the general ledger and debit the General Ledger adjustment account in the sales ledger. Correct Answer Incorrect Answer
      B Credit Sales Ledger adjustment account in the sales ledger and debit the General Ledger adjustment account in the general ledger. Correct Answer Incorrect Answer
      C Debit Sales Ledger adjustment account in the sales ledger and credit the General Ledger adjustment account in the general ledger. Correct Answer Incorrect Answer
      D Debit Sales Ledger adjustment account in the general ledger and credit the General Ledger adjustment account in the sales ledger. Correct Answer Incorrect Answer

      Solution

      The correct answer is D

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