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.

B Credit Sales Ledger adjustment account in the sales ledger and debit the General Ledger adjustment account in the general ledger.

C Debit Sales Ledger adjustment account in the sales ledger and credit the General Ledger adjustment account in the general ledger.

D Debit Sales Ledger adjustment account in the general ledger and credit the General Ledger adjustment account in the sales ledger.

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