Accounting 9706 · AS & A Level · The accounting system

The accounting system — practice question

Ryan sells goods on credit to Sumit, and Sumit also provides goods to Ryan. A set-off of the balances in the purchases ledger and sales ledger is agreed. In which books of prime entry is this set-off entered?

  • Ain Ryan’s books: general journal; in Sumit’s books: general journal
  • Bin Ryan’s books: general journal; in Sumit’s books: purchases journal
  • Cin Ryan’s books: sales journal; in Sumit’s books: general journal
  • Din Ryan’s books: sales journal; in Sumit’s books: sales journal

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