When goods are purchased for cash, the entry will be recorded in the?
A) Cash book
B) Purchases book
C) Journal
D) None
Correct Answer:
Verified
Q72: The manufacturing account is prepared
A)To ascertain the
Q73: Sales made to Mahesh fir cash should
Q74: The amount salary paid to Suresh should
Q75: The cash discount allowed to a debtor
Q76: In case of a debt becoming bad,
Q78: The balance of petty cash is?
A)An asset
B)A
Q79: All of the following are not considered
Q80: Entry representing the reversal or cancellation of
Q81: The debit side discount column of three
Q82: The total of the 'Discounts Allowed' column
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