WAEC Financial Accounting 2011 Question 27

Question 27

Books of Original Entry

John received a cheque from Dawda, a debtor, in payment for goods purchased by Dawda on credit. The transaction will be recorded in John's

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

Answer: A (cash book and sales ledger)

Explanation

The cheque is debited in the cash book (bank) and credited to Dawda's account in the sales ledger.