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The total of the purchases day book is posted periodically to the debit of : 
  • a)
    Purchases account. 
  • b)
    Cash book
  • c)
    Journal proper 
  • d)
    None of these. 
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
The total of the purchases day book is posted periodically to the debi...
Purchase Day book (Purchase Register)is the book of original entry in which all the transactions relating to only credit purchase are recorded. Cash purchases do not find place in purchase day book as they are recorded in Cash book.The every month total of purchase is to be posted on the debit side of the purchase account.
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Most Upvoted Answer
The total of the purchases day book is posted periodically to the debi...
As equation method in accounts, purchases is an expense . So,as expense increases it should be debited in that respective ledger account.
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The total of the purchases day book is posted periodically to the debit of :a)Purchases account.b)Cash bookc)Journal properd)None of these.Correct answer is option 'A'. Can you explain this answer?
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