In the creditors control account, all of the below exist except:
A)Credit purchases .
B)Purchase returns .
C)Cash purchases .
D)Cash/cheques paid

Question

Quizplus · Accepted Answer

Cash purchases are not recorded in the creditors control account because this account is used to track credit transactions, not cash transactions. Cash purchases are directly recorded in the cash book or the purchases account, depending on the accounting system.

In the Creditors Control Account, All of the Below Exist