A business maintains a full set of books of account. Where will the purchases account appear?
A: sales ledger
B: general ledger
C: purchases day book
D: purchases ledger
A: sales ledger
B: general ledger
C: purchases day book
D: purchases ledger
举一反三
- Ignoring sales tax, which of the following are the correct entries to post the total of the discounts received column in the cash book to the general ledger? A: DR discounts received, CR Purchases B: DR Payables control account, CR Discounts received C: DR Purchases, CR Discounts received D: DR Discounts received, CR Payable control account
- The sales day book total has been undercast by $3,500. What adjustment needs to be made to reconcile the receivables control account to the receivables ledger? A: DR $3,500 to the receivables ledger B: CR $3,500 to the receivables control account C: CR $3,500 to the receivables ledger D: DR $3,500 to the receivables control account
- Personal accounts are contained in the _____. A: Note receivables ledger B: account receivables ledger C: account payables ledger D: Note payables ledger
- To which of the following is the receivables ledger control account reconciled? A: Aged receivables analysis B: Payables ledger C: Receivables ledger D: Cash book
- The balance on the receivables control account should be reconciled to which of the following? A: The sales day book B: The receivables ledger C: Invoices and remittance advices D: The cash book