Given:
I. Cash refunds
II. Debit note issued
III. Dishonored cheque
IV. Purchases
The item on the credit side of purchases ledger control account includes
- I,II and III only
- I and II only
- III and IV only
-
I, III and IV only
The correct answer is: D
Explanation
Purchases control account it is also called total creditor control accountI,II & IV : some of the items that appear on the credit side of purchases ledger are cash refund to supplier, dishonored cheque by banks and credit purchases