Recording of Tr...

Which of the column of the cash book can have credit opening or closing balance ? 

Purchase of furniture on cash for  Rs $1,50,000$ will be recorded in _____________.

Contra entries are passed only when __________________.

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

Sold furniture on cash for Rs $1,50,000$ will be recorded in ______________.

If a transaction involves both cash and bank account, it is entered on both sides of the cash book, one in the cash column and second in the bank column, though on opposite sides. This is called a _____________.

Received cash of Rs $2,00,000$ from debtors for settlement of credit sales will be recorded in ______________.

A second hand motor car was purchases on credit from B & Co. for Rs $10,000$. It will be recorded in _______________.

An allowance of Rs $50$ was offered for an early payment of cash of Rs $1,050$. It will be recorded in ____________.

Salary paid in cash - Rs $50,000$ will be recorded in ____________.