Home / Aptitude Tests / Accounting / The balance in the p...

The balance in the purchases ledger control account is

The balance in the purchases ledger control account is

A.

Total purchases

B.

Total sales

C.

The total of the debtors

D.

The total of the creditors

E.

The total credit purchases

View answer & explanation

Correct answer is D

No explanation has been provided for this answer.

See all Accounting questions & answers
See more WAEC questions & answers
Similar Questions

Yinka bought goods worth N800.00 and sold at a margin of 20% on selling price. How much did she sell...

Use the information to answer the given question. RECEIPTS AND PAYMENTS ACCOUNT: \(\begin{array}{...

The following appears in trading account except ...

What is the net profit made by department S? ...

A rent received by a trader for sub-letting part of his business premises should be added to the? ...

Acid test ratio of a firm measures the  ...

Which of the following is not contained in sales ledger control account? ...

The authority of the accountant-General to disburse from government fund is called ...

Jan. 1 Received 1,000 units at N10 each Jan. 2 Received 2,000 units at N12 each Jan. 3 Issued 1,50...

Opening capital ---10,800 Drawings----------- 2,500 Trade creditors ----2,560 Trade debtors -----...

Aptitude Tests

Microsoft Office Questions and Answers

Data Interpretation Questions and Answers

Numerical Reasoning Questions and Answers

Puzzles Questions and Answers

Personality Test

Situational Judgement Questions and Answers

Abstract Reasoning Questions and Answers

Spatial Reasoning Questions and Answers

Typing Speed and Accuracy Test

Verbal Reasoning Questions and Answers

Nigeria General Knowledge Questions and Answers

Quantitative Reasoning Questions and Answers

Logical Reasoning Questions and Answers

See all →