• 2022-06-19
    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
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