Credit Postings – NBC Institute

FA – Nov 2014 – L1 – SA – Q7 – Control Accounts

Identifying which item would not be posted to the credit of the payables control account.

Question

Which of the following would NOT be posted to the credit of payables control account?

A. Total credit purchases
B. Transfer of credit balances from receivables’ ledger
C. Transfer of debit balances to receivables’ ledger
D. Set-off contra
E. Interest charged by suppliers

Answer

Find Related Questions by Tags, levels, etc.

Tags: Credit Postings, Financial Accounting, Ledger Accounts, Payables Control Account
Level: Level 1

Topic: Control Accounts
Series: NOV 2014

Question Tag: Credit Postings

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

FA – Nov 2014 – L1 – SA – Q7 – Control Accounts

Identifying which item would not be posted to the credit of the payables control account.

FA – Nov 2014 – L1 – SA – Q7 – Control Accounts

Identifying which item would not be posted to the credit of the payables control account.

Our offerings

Contact Info

Customer

Get In Touch

Question Tag: Credit Postings

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

FA – Nov 2014 – L1 – SA – Q7 – Control Accounts

Identifying which item would not be posted to the credit of the payables control account.

You're reporting an error for "FA – Nov 2014 – L1 – SA – Q7 – Control Accounts"

FA – Nov 2014 – L1 – SA – Q7 – Control Accounts

Identifying which item would not be posted to the credit of the payables control account.

You're reporting an error for "FA – Nov 2014 – L1 – SA – Q7 – Control Accounts"

Our offerings

Contact Info

Customer

Get In Touch

admin