Question

13) Purchase book is used to record______...
a) all purchase of goods b) all credit purchases of assets
c) all credits sales of goods d) all sales of assets and goods​

Answer 1

Answer:

all good purchased on credits

Explanation:

Only credit purchases are recorded in Purchase book and not cash purchases. Goods means those things that are purchased or produced for resale in business. Any purchase of asset is not recorded in Purchase book.