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WAEC Financial Accounting 2001 Question 13

Question 13

Double Entry and the Ledger

Suppliers personal accounts are found in the

  1. A.Purchases Ledger
  2. B.Sales Account
  3. C.Purchases Account
  4. D.Sales Ledger.
Show the answer and explanation

Answer: A (Purchases Ledger)

Explanation

Creditors' (suppliers') accounts are kept in the purchases ledger.