Free account: track your progress — Sign up free

WAEC Accounting 2015 Objective — Question 25

Question 25 of 50 from the West African Examinations Council (WAEC) Accounting 2015 Objective paper, with the correct answer and a full explanation.

Advertisement

The total of the returns outwards journal is posted to the

  • A. Credit side of the returns outwards accountCorrect
  • B. Debit side of the returns outwards account
  • C. Debit side of the purchases returns book
  • D. Credit side of the returns outwards book

Explanation

The total of the returns outwards journal is posted to the credit side of the returns outwards account (and debited to the purchases/creditors account).

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.