Question

______ is not included in subsidiary book.

(A) Sales book (B) Petty cash book

(C) Ledger (D) Debit Note

7) Journal is a _______ of accounting transactions.

(A) Original Book (B) Main Book

(C)Closing Book (D) Other Book

8) Which transactions are recorded in Journal proper?

(A) Credit purchase of goods (B) Credit sales of goods

(C) Assets purchase-sales in credit (D) Goods Return​

Answer 1

Answer:

(I) ledger

(ii) all types of transaction are recorded ( cash, bank and credit)

Answer 2

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6)______ is not included in subsidiary book.

(A) Sales book (B) Petty cash book

(C) Ledger (D) Debit Note

➤ Ledger

7) Journal is a _______ of accounting transactions.

(A) Original Book (B) Main Book

(C)Closing Book (D) Other Book

➤ Main book

8) Which transactions are recorded in Journal proper?

(A) Credit purchase of goods (B) Credit sales of goods

(C) Assets purchase-sales in credit (D) Goods Return

➤ Credit purchase of goods

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