i. Credit purchases of goods are recorded in _ ii. Cash Book does not record the _ Transactions.

Question

Complete the following sentence:

i. Credit purchases of goods are recorded in _________

ii. Cash Book does not record the _________ Transactions.

iii. Credit balance shown by a bank column in Cash Book is _________

iv. Petty Cash Book is used for recording ________ expenses.

v. In Purchase Book goods purchased on _________ are recorded.

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

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Which transactions are recorded in Purchase Book?

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Cash and credit purchases are entered in Purchase Book.

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Cash purchases of goods are recorded in the Purchase book.

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

i. Purchase Book

ii. Credit

iii. Overdraft

iv. Petty

v. Credit

4 views Answered 2023-02-05 15:29