Which of the following is not a book of original entry?

By: |Published on: Mar 19|Categories: Accounting WAEC| 0 comments

A. Sales journal
B. Purchases account
C. Cash account
D. Return inwards journal

Correct Answer: Option B

B. Purchases account

Explanation

Books of original entry: refers to the accounting journals in which business transactions are initially recorded. They include;

  1. Sales journal
  2. purchase day book
  3. returns inwards
  4. returns outwards
  5. cash book
  6. general ledger

Users Also Read These:

SEE ALSO  Compute the overhead rate?

Copyright warnings! Do not copy.