Tunde purchased goods from Femi by cash worth #1,000 with 10% cash discount Tunde’s purchases

FINANCIAL
POST UTME UI

Tunde purchased goods from Femi by cash worth #1,000 with 10% cash discount Tunde’s purchases ledger control account it to be

  • A) debited by #100
  • B) credited by #100
  • C) credited by #1,000
  • D) debited by #1,000

Correct Answer: A) debited by #100



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