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WAEC Financial Accounting 2002 Question 22

Question 22

Double Entry and the Ledger

The total of the purchases day book is posted to the purchases account in the

  1. A.purchases ledger
  2. B.general ledger
  3. C.private ledger
  4. D.nominal ledger.
Show the answer and explanation

Answer: B (general ledger)

Explanation

The purchases account is an impersonal account kept in the general ledger.