Q1. A supermarket based in Hounslow pays a supplier, Patel Wholesale Ltd, the amounts owed in cash. The entries in the supermarket account should be: A. Debilt: Purchases, Credit: Cash B. Debit: Cash, Credit: Patel Wholesale Ltd C. Debit: Patel Wholesale Ltd, Credit: Cash D. Debit: Cash, Credit: Purchases

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter3: Journalizing Transactions
Section: Chapter Questions
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Q1. A supermarket based in Hounslow pays a supplier, Patel Wholesale Ltd, the amounts owed in cash. The
entries in the supermarket account should be:
A. Debilt: Purchases, Credit: Cash
B. Debit: Cash, Credit: Patel Wholesale Lld
C. Debit: Patel Wholesale Ltd, Credit: Cash
D. Debilt: Cash, Credit: Purchases
Transcribed Image Text:Q1. A supermarket based in Hounslow pays a supplier, Patel Wholesale Ltd, the amounts owed in cash. The entries in the supermarket account should be: A. Debilt: Purchases, Credit: Cash B. Debit: Cash, Credit: Patel Wholesale Lld C. Debit: Patel Wholesale Ltd, Credit: Cash D. Debilt: Cash, Credit: Purchases
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