When an entity uses a periodic inventory system the totals of the purchases journal will be posted to the general ledger as follows:

Select one:

A.

Debit the trade receivables control account; credit the VAT output account and the purchases account.

B.

Debit the trade payables control account; credit the VAT input account and the purchases account.

C.

Credit the trade payables control account and the VAT input account; debit the purchases account.

D.

Debit the trade payables control account and the VAT input account; credit the purchases account.

E.

Credit the trade payables control account; debit the VAT input account and the purchases account.