Multiple choice general knowledge

What Account will be credited when a purchase is made on a credit from Harish.

  1. Cash A/c

  2. Harish A/c

  3. Purchases A/c

  4. Bank A/c
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

When goods are purchased on credit from a person, that person's account is credited because they become a creditor (the business owes them money). This follows the golden rule for personal accounts: Credit the giver. Cash A/c would be used for cash purchases, not credit purchases.

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