passwella.
Menu

WAEC Financial Accounting 2006 Question 37

Question 37

Control Accounts

Which of the following is not a debit item in a creditor's control account?

  1. A.Cash paid
  2. B.Returns outwards
  3. C.Purchases
  4. D.Discounts received
Show the answer and explanation

Answer: C (Purchases)

Explanation

Credit purchases are credited to the creditors control account.