Accounting 0452 · IGCSE · Books of prime entry

Books of prime entry — practice question

Sally keeps a complete set of accounting records. She has recorded the following transactions in her cash book. 1. A cheque for $200 was received from a credit customer. 2. An insurance premium of $200 was paid by cheque. 3. Petrol for the delivery van was paid for in cash. 4. Total cash sales of $400 were received. Which of these transactions will then be posted to the nominal ledger?

  • A1 and 4
  • B1 only
  • C2, 3 and 4
  • D2 and 3 only

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