Question

True or False
1) All purchases are recorded through the Purchase Book.
2) Purchase book is written on the basis of outward invoices,
3) Cash purchases are recorded in the purchase book
4) Credit sale of assets is recorded in the sales book
5) A credit sale of computers is entered in the sales book.​

Answer 1

1. False
2. True
3. True
4. True
5. False

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Answer 2

1. FALSE

2. TRUE

3. TRUE

4. TRUE

5. TRUE

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