WAEC Financial Accounting 2003 Question 37

Question 37

Double Entry and the Ledger

In which ledger is the account of Yao, a debtor found?

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

Answer: D (Sales Ledger.)

Explanation

Debtors' accounts are in the sales ledger.