Q18 What is the correct journal entry to recordwhen transfer the total of the purchasedaybook the double entry is:а.Dr Receivables ledger controlасcountCr Sales revenueOb.Dr PurchasesCr Payables ledger controlaccountОс.Dr Payables ledger control accountС.Cr Purchasesd.Dr Sales revenue.Cr Receivables ledger controlaccount

Option:: Payables ledger control account Dr:::XXX.. To purchases account XXXX....

What is the correct journal entry to record when transfer the total of the purchase daybook the double entry is: O a. Dr Receivables ledger control account Cr Sales revenue O b. Dr Purchases Cr Payables ledger control account С. Dr Payables ledger control account Cr Purchases

What is the correct journal entry to record when transfer the total of the purchase daybook the double entry is: O a. Dr Receivables ledger control account Cr Sales revenue O b. Dr Purchases Cr Payables ledger control account С. Dr Payables ledger control account Cr Purchases

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Q18

What is the correct journal entry to record
when transfer the total of the purchase
daybook the double entry is:
а.
Dr Receivables ledger control
асcount
Cr Sales revenue
Ob.
Dr Purchases
Cr Payables ledger control
account
Ос.
Dr Payables ledger control account
С.
Cr Purchases
d.
Dr Sales revenue.
Cr Receivables ledger control
account

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