GCEFinancial AccountingBooks of Original Entry2021

A business purchased a motor vehicle worth ₦2,500,000 on credit from Zenith Motors. In which book of original entry should this transaction be recorded?

APurchases day book
BCash book
CJournal properCORRECT
DPetty cash book
AI
Toaster Teacher
Why the answer is C, and why the others tempt you.
The purchases day book is used exclusively for recording credit purchases of goods for resale (trading goods). The purchase of a non-current asset (motor vehicle) on credit is not a trading transaction and must therefore be recorded in the journal proper, with a debit to Motor Vehicle account and a credit to Zenith Motors account.
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