Purchases of goods on credit from A is recorded as:
A. Debit purchases a/c; credit cash a/c
B. Debit A a/c ;credit purchases a/c
C. Debit purchases a/c ; credit A a/c
D. Debit A a/c ; credit stock a/c
Answer:D
Purchases of goods on credit from A is recorded as:
A. Debit purchases a/c; credit cash a/c B. Debit A a/c ;credit purchases a/c C. Debit purchases a/c ; credit A a/c D. Debit A a/c ; credit stock a/c