Question

Cash purchases of goods are recorded in Purchase book. adit transactions.​

Answer 1

Answer:

All credit purchases of goods are recorded in the purchase book whereas cash purchases are recorded in the cash book. Other purchases such as purchases of office equipment, furniture, building (i.e. purchase of Assets) are recorded: in the Journal Proper if purchased on credit or. in the Cash Book if purchased for cash

Answer 2

Explanation:

All credit purchases of goods are recorded in the purchase book whereas cash purchases are recorded in the cash book. Other purchases such as purchases of office equipment, furniture, building (i.e. purchase of Assets) are recorded: in the Journal Proper if purchased on credit or. in the Cash Book if purchased for cash ..