Home » Accounts (Principles of Accounts) » The total of the purchases day book is posted to the purchases account in theThe total of the purchases day book is posted to the purchases account in the The total of the purchases day book is posted to the purchases account in the A. general ledger B. purchases journal C. private ledger D. purchases ledger Correct Answer: Option D Explanation Related Posts If a partner pays a premium of N500 for 1/5 share of profit, then the… How much is to be charged to the profit and loss account as a provision for bad debt? Dan and Baker are in partnership with capitals of N50,000 and N30,000 each. The partnership… Determine the sales figure? (i) Fixtures account (ii) Machinery account (iii) Wages accounts (iv) Rent account. Which of the… Given: Additional capital Capital Closing capital Net profit ₦ 4000 8000 12000 1500 The drawings…