14. Purchase book is used to
record *
O Cash purchase of goods
Credit purchase of goods
O Both a and be
O None of these
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Explanation:
Simply a purchase journal can be defined as the main entry book which is used to record credit transactions (credit purchases) for resalable purposes. The Source document which is used as an evidence in recording transactions into purchase journal is Purchase invoice.
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purchase book is used to record:
credit purchase of good
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