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.
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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).
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