Waec Model Questions Vol1 2022 Financial Accounting Question 37

Practice objective / multiple choice question 37 from the 2022 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2022 Financial Accounting Objective / Multiple Choice Medium Difficulty
Question 37 WAEC_MODEL_QUESTIONS_VOL1 • 2022 • FINANCIAL_ACCOUNTING • objective

For each of the following transactions, indicate the most appropriate book of original entry: (i) Purchase of inventory on credit ₦120,000; (ii) Cash sales of goods for ₦45,000; (iii) Payment of rent ₦15,000 by cheque.

Answer Options

A. Sales Journal; Purchase Journal; General Journal
Correct Answer B. Purchase Journal; Cash Book; Cash Book
C. General Journal; Cash Book; Purchase Journal
D. Purchase Journal; Sales Journal; Cash Book
Correct Answer
B
Correct Option:
Purchase Journal; Cash Book; Cash Book

About This Question

This is Waec Model Questions Vol1 2022 Financial Accounting Question 37. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Medium .

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