What are the entries of posting credit purchases into the purchases ledger control account?

Accounts - Principles of Accounts WAEC 1990

What are the entries of posting credit purchases into the purchases ledger control account?

  • debt purchases ledger control accoun only
  • debit both purchases account and purchases ledger control account
  • credit purchases acount, debit purcases ledger control account
  • credit both purchases ledger control account and the purchases accunt
  • debit purchases account, credit purchases ladger control account checkmark

The correct answer is: E

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment