Bariga, a stock broker bought stationery for N 12000 by cash. To record this transaction,…

Accounts - Principles of Accounts JAMB 2008

Bariga, a stock broker bought stationery for N 12000 by cash. To record this transaction, debit?

  • cash and credit stationery
  • purchase and credit stationery
  • stationery and credit cash checkmark
  • stationery and credit purchases

The correct answer is: C

Explanation

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