Sales journal is used for recording
A) Cash sales
B) Credit sales
C) Total sal
Correct Answer:
Verified
Q51: Financial statements are the part of _
A)Book-
Q52: Bank account is a _
A)Personal accounting
B)Real account
C)Nominal
Q53: Cost of goods old can be calculated
Q54: Capital expenditure are recorded in the _
A)Balance
Q55: Nominal accounts are related to
A)Assets& liability
B)Expenses &
Q57: Trading account is a _account
A)Real
B)Nominal
C)Persona
Q58: Closing stock is valued at _
A)Market price
B)Cost
Q59: Balance sheet is an _
A)Statement
B)Account
C)Bot
Q60: Wages paid on for the erection of
Q61: Income tax is debited to _
A)Profit and
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