Accounting WAEC

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

Correct Answer:

Option B – purchases account; credit cash account

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5 years ago

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