Question 14

Which of the following entries would be made for goods bought and paid for immediately? Debit

  • A.cash account, credit sales account
  • B.purchases account; credit cash account
  • C.cash account; credit purchases account
  • D.purchases account; credit sales account
  • E.purchases account; credit goods account
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1996
Question no.
#14
Type
Objective

More from this paper

See all Accounts - principles of accounts 1996 questions