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Which of the following entries would be made for goods bought and paid for immediately? ...

Which of the following entries would be made for goods bought and paid for immediately? Debit
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Cash account, credit sales account
  • B Purchases account; credit cash account
  • C Cash account; credit purchases account
  • D Purchases account; credit sales account
  • E Purchases account; credit goods account
Correct Answer: Option B
Explanation:

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