JAMB Accounting 2016 Objective — Question 25
Question 25 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2016 Objective paper, with the correct answer and a full explanation.
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25. Which of the following is a credit item in creditors ledger control account? (a) purchases (b) discount received (c) returns outwards (d) bad debts
- A. purchasesCorrect
- B. discount received
- C. returns outwards
- D. bad debts
Explanation
Credit purchases will be added to the opening creditor which is a credit balance.
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