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

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 24MC: Which of the following accounts are used when recording a purchase using a periodic inventory...

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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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