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Purchase invoice is first entered in the - WAEC Accounting 2015 Question

Purchase invoice is first entered in the

A
Purchases Account
B
Cash Book
C
Sales Journal
D
Purchases Journal
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Correct Option: A

Purchases account. The purchases account is a general ledger account in which is recorded the inventory purchases of a business. This account is used to calculate the amount of inventory available for sale in a periodic inventory system.

Purchase journal is used for recording goods bought on credit

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