Question

Q. 4. State whether the following statements are true or false (1 mark each)

*1. (1) A journal voucher is must for all transactions recorded in the journal.

(2) Journal is a book of secondary entry. (5) Live Stock A/c is a Nominal Alc.

(3) Narration is not necessary for each and every journal entry.

(4) Every transaction is recorded first in the journal.

(6) Bank of Maharashtra A/c is a Nominal A/c.

(7) Brokerage paid on sale of goods is debited to Brokerage A/c.

(8) If the goods are sold, the entry should be recorded in the journal.

(9) Goods withdrawn by the proprietor from business is debited to the Drawings a/c

(10) Cash discount does not appear in the books of accounts.​

Answer 1

Answer:

(8) If the goods are sold, the entry should be recorded in the journal

Answer 2

Answer:

state whether the following statement are true or false journal water is most for record in the journal journal is a book of secondary entry

Explanation:

good withdrawal with a protractor from business in word to the drawing AC cash discount does not appear in the books of account good to withdraw diagram of business