The entries to record goods bought for cash are: debit
The entries to record goods bought for cash are: debit
Cash account; credit purchases account
Purchases account ; credit cash account
Purchases account; credit stock account
Purchases account; credit goods account
Correct answer is B
No explanation has been provided for this answer.
Use the information below to answer the question. Total P Q ...
Use the following information to answer the given question \(\begin{array}{c|c} & Ade &...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...
Provision for bad debt 1500 Additional information 1. Bad debt written off amount to 3000 2. ...
Abba offers 5% cash discount on goods worth N10,000, The discount allowed account is to be? ...
Zahki Plc balance sheet (extract) as at 31st December 1997. ...
Which of the following is a debit item in the sales ledger control account? ...