Accounting 0452 · IGCSE · Books of prime entry

Books of prime entry — practice question

The analysis columns in a petty cash book give the following totals: postage $20 and stationery $31. In what way should these totals be posted to the ledger?

  • Acredit bank account with $51
  • Bcredit postage account with $20 and stationery account with $31
  • Cdebit cash account with $51
  • Ddebit postage account with $20 and stationery account with $31

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