State the type of entries recorded in the Purchase Book.
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The Purchase book or Purchase day book contains the record of all credit-purchase. Cash book accommodates the records of all goods-purchase. A Purchase book does not hold the record of purchases of assets. The Journal proper contains those records
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The Purchase book or Purchase day book contains the record of all credit-purchase. Cash book accommodates the records of all goods-purchase. A Purchase book does not hold the record of purchases of assets. The Journal proper contains those records.
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