Ibrahim, a micro business operator, sold 10 bags of sugar to Jide at a total cost of #12,000.

The record in Jide's book would be to debit

  • A purchases #12,000 and credit Ibrahim #12,000
  • B purchases #12,000 and credit sugar account #12,000
  • C Jide #12,000 and credit purchases
  • D Ibrahim #12,000 and sugar account #12,000
jamb 2012accounting

The correct answer is A. purchases #12,000 and credit Ibrahim #12,000

Debit purchase account with 12,000 and credit cash paid to ibrahim 12,000

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