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Recording of Tr...

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  • Question 1
    1 / -0

    Which of the following books should be used to record purchase of furniture on credit?

  • Question 2
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    The balance of the petty cash book is ___________.

  • Question 3
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    The statement sent along with purchase return is______.

  • Question 4
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    The appropriate book to record credit purchase of machinery is ______________.

  • Question 5
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    The balance of cash account indicates ___________.

  • Question 6
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    ___________ is allowed to encourage early cash payment.

  • Question 7
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    A Cheque received and paid into the bank on the same day is recorded in the ____________.

  • Question 8
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    Credit sales are recorded in a ____________.

  • Question 9
    1 / -0

    Purchase of office furniture is recorded in the ___________.

  • Question 10
    1 / -0

    Purchase journal is kept to record ____________.

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