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Which of the following is shown on credit side of creditors control account?

A)  Bills ReceivableB)  Return inwardsC)  Credit purchasesD)  Discount allowed

Accounting Auditing Financial Reporting Financial Accounting Bookkeeping
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Question ajoutée par Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group
Date de publication: 2015/06/25
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lakshminarasimham mallareddi
par lakshminarasimham mallareddi , Manager Finance & Accounts , M/s. Vandana Global Limited, Raipur, Chhattisgarh

Correct answer is C) Credit purchases is shown on credit side of creditors control account.

Sigalla Ndiapa
par Sigalla Ndiapa , Network Marketer , Happy World Meal Gate

the answer is credit purchases

Hani Bawashkah
par Hani Bawashkah , Audit & Accounting Supervisor , BMB & CO CERTIFIED PUBLIC ACCOUNTANTS (ADVISORY & ASSURANCE)

purchases on credit which will not be be paid in cash but the purchases will be be paid as the credit term with suppliers

Ram chandra chhetri
par Ram chandra chhetri , Cashier , Pokhara market

Bills receivable & discount allowed

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