Recording of Tr...

Sales for the year ended 31st March, 2005, amounted to Rs 10,00,000. Sales included goods sold to Mr. Ashok for Rs 50,000 at a profit of 20% on cost. Such goods are still lying in the godown at the buyer's risk. Therefore, such goods should be treated as part of ___________.

Purchases day book records ____________.

The total amount column of the sales return book is ____________.

A business concern provides the following details:

A second hand motor car was purchased on credit from B & Co. 10,000. It will be recorded in ________________.

At the end of the accounting year, ______ are to be passed for outstanding/prepaid expenses, accrued income/income received in advance etc.

Purchased goods for  $$Rs.90,000$$ from Mr. Nikhil on credit will be recorded in ______________.

Rent due for the month of March will appear _______________.

Petty Cash Book may be treated as a __________________.

Payments in cash of small amounts like travelling expenses, postage, carriage etc. are recorded in the ________________.