JAMB Accounting 2008 Objective — Question 24
Question 24 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2008 Objective paper, with the correct answer and a full explanation.
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Which of the following is a credit item in creditors ledger control account?
- A. purchases returns
- B. Bills payable
- C. purchasesCorrect
- D. cash receipts
Explanation
Purchases will add to the total creditors in the control account.
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