WAEC Accounting 2018 Objective — Question 9
Question 9 of 50 from the West African Examinations Council (WAEC) Accounting 2018 Objective paper, with the correct answer and a full explanation.
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Entries in the purchase journal are transferred to the
- A. receivable ledger
- B. payable ledgerCorrect
- C. general ledger
- D. private ledger
Explanation
Purchase journal entries are posted to individual suppliers' accounts in the payable (purchases) ledger.
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