O-LevelAccountingSources and recording of data7707/11 · Oct/Nov 2017 · Q51 Mark

Kamal purchases and sells goods on credit. Where does he maintain the accounts of his credit suppliers?

Apurchases journal

Bpurchases ledger

Csales journal

Dsales ledger

✓ Correct answer

B: purchases ledger

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Topic: Sources and recording of data, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2017 Paper 1 Variant 1, question 5.

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