Accountancy, asked by anushamahadev08, 6 months ago

state whether the statement is true or false. cash and credit purchases are entered in purchase?​

Answers

Answered by rnishu2116
2

Answer:

This statement is False.

Explanation:

This statement is False. Credit purchases of goods are recorded in a purchase book while cash purchases are entered in the cash book and credit purchases of assets are entered in journal proper.

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