Which of the following will be credited in a journal, if a business purchases goods on credit?

Cash

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Debtor

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Creditor

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Purchases

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Solution

The correct option is C
Creditor

When goods are bought whether in cash or on credit, creditors account will be credited.

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Which of the following will be credited in a journal, if a business purchases goods on credit?

The correct option is C Creditor When goods are bought whether in cash or on credit, creditors account will be credited.

The correct option is C
Creditor

When goods are bought whether in cash or on credit, creditors account will be credited.