Accounting JAMB

Bariga; a stock broker bought stationery for N12000 by cash. To record this transaction; debit?
Bariga; a stock broker bought stationery for N12000 by cash. To record this transaction; debit?Bariga; a stock broker bought stationery for N12000 by cash. To record this transaction; debit?

A. cash and credit stationery
B. purchase and credit stationery
C. stationery and credit cash
D. stationery and credit purchases

Correct Answer:

Option C – stationery and credit cash

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