Ibrahim, a micro business operator, sold 10 bags of sugar to Jide at a total cost of #12,000.
The record in Jide’s book would be to debit
-
purchases #12,000 and credit Ibrahim #12,000
- purchases #12,000 and credit sugar account #12,000
- Jide #12,000 and credit purchases
- Ibrahim #12,000 and sugar account #12,000
The correct answer is: A
Explanation
Debit purchase account with 12,000 and credit cash paid to ibrahim 12,000