Question

Which of the following is/are not recorded in purchase book? (i) Cash purchase of goods worth 5, 000. (ii) Purchase of goods on credit worth 75,000.(iii) Purchase of furniture of 3,000 on credit.​

Answer 1

Answer:

Option [C] is correct

Explanation:

In purchase journal, we record only credit purchase of goods. Therefore, cash purchase of goods and purchase of fixed assets will not be recorded. Only second transaction will be recorded.

Hence option [C] is correct.