Complete the following sentence:

i. Cash Book is a _______ Journal.

ii. In Journal Proper, only ________ discount is recorded.

iii. Return of goods purchased on credit to the suppliers will be entered in ________ Journal.

iv. Assets sold on credit are entered in __________

v. Double column Cash Book records transactions relating to cash and ________

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1 Answers

i. Subsidiary

ii. Cash

iii. Purchase return

iv. Journal proper

v. Bank

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