Question 5
Cash BookAduke Motors bought three Toyota Hilux vans on cash at the cost of ₦6,000,000, on debiting the vehicle account, the corresponding credit for the purchase will appear in the
- A.sales day book.
- B.purchases day book.
- C.sales subsidiary book.
- D.cash book.
Show the answer and explanation
Answer: D (cash book.)
Explanation
Paying cash reduces cash, so the credit entry is in the cash book.