Question on: WAEC Accounting - 2016
In accounting context, purchases refer to
A
Goods bought and paid only
B
Goods bought for resale only
C
Goods bought on credit only
D
Goods bought to be used in the firm
Ask EduPadi AI for a detailed answer
Correct Option: B
Purchase are goods or stocks bought for the purpose of resselling.
Add your answer
Please share this, thanks!
No responses