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When goods are sold for cash the credit entry goes to the

Accounts - Principles of Accounts
WAEC 1989
When goods are sold for cash the credit entry goes to the
  • A. trader's account
  • B. cash book
  • C. purchases account
  • D. sales account
  • E. customers account
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Correct Answer: Option D
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now