JAMB Accounting 2017 Objective — Question 25

Question 25 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2017 Objective paper, with the correct answer and a full explanation.

Which of the following is a credit item in the creditors ledger control account?

A. A. purchasesCorrect
B. B. discount received
C. C. returns outwards
D. D. bad debts

Explanation

Credit purchases are added to (credited in) the opening creditors balance in the creditors ledger control account.

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