name the book of original entry where the following transactions will be recorded with reasons there of :
(a) purchase furniture on credit from Mr. Ratan singh for Rs. 15,000 for use in the busines
(b) good purchase from ram lal Rs. 5,000 on credit
(c) provision for doubtful debts created @ 5% on debtors with the value of Rs. 10,000
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Answer:
A)-B) Purchase book c)Journal proper or journal
Explanation:
Purchase book is prepared when we purchase goods on credit.
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