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WAEC Financial Accounting 2008 Question 49

Question 49

Double Entry and the Ledger

Trade creditors personal accounts are found in the

  1. A.purchases ledger
  2. B.sales ledger
  3. C.general ledger
  4. D.sales day book.
Show the answer and explanation

Answer: A (purchases ledger)

Explanation

Suppliers' accounts are in the purchases ledger.