Cash purchases is recorded in which of the following specialized journals?

Related Mcqs:

Liability are arisen from which of the following events?

A. Present event B. Future event C. Past event D. None of them...

If Cash=$1000 inventories=$4000 Debtors=$5000 fixed assets=? Capital+Liabilities=$15000 What is the Amount of total assets?

A. $5000 B. $10,000 C. $15,000 D. $20,000...

Journal proper is meant for recording_____________?

A. Credit purchase of fixed assets B. Return of goods C. All such transactions for which no special journal has been kept by the business D. None of these...

The balance of which of the following accounts do not disappear, once they are debited/credited to Trading Account?

A. Sales B. Purchases C. Inward returns D. Closing stock...

Debit balance as per bank pass book mean_____________?

A. Surplus cash B. Bank Overdraft C. Terms deposits with bank D. None of these...