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Discussion Board for a Question on Quiz: Accounting (WAEC 2000)

Accounting (WAEC 2000)

50 Questions · Public · Objective · Quiz suitable for all ages

31 Click Here To Discuss Question

When goods are purchased on account, the accounting entries are

Select 1 Option (1 Mks)

debit purchases account, credit supplier's account
credit purchases account, debit supplier's account
credit bank account, debit purchases account
debit bank account, debit purchases account

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question_answer Discussion Board for a Question on Quiz: Accounting (WAEC 2000)

Discussion Board for a Question on Quiz: Accounting (WAEC 2000)