The following transactions were recorded in Amara Traders' purchases day book for March 2023: Goods from Kola Suppliers ₦120,000; Goods from Bello Enterprises ₦85,000; Goods from Tunde & Co. ₦95,000. What is the total posted to the credit side of the Purchases account in the ledger?

The purchases day book total (₦120,000 + ₦85,000 + ₦95,000 = ₦300,000) is posted as a debit to the Purchases account in the ledger, not credit. However, the individual suppliers' accounts are credited. The periodic total of ₦300,000 is what is posted to the debit of the Purchases account. The correct total is ₦300,000.