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PURCHASE Book is used to record
  • a)
    All purchase of goods
  • b)
    All credit purchases
  • c)
    All credit purchases of goods
  • d)
    All credit purchases of assets
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
PURCHASE Book is used to recorda)All purchase of goodsb)All credit pur...
Purchase book is a subsidiary book.all the credit purchases except the purchase of an asset can be recorded in this book.cash book accomodates cash purchases.and purchase of assets for credit can be recorded in journal proper
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PURCHASE Book is used to recorda)All purchase of goodsb)All credit purchasesc)All credit purchases of goodsd)All credit purchases of assetsCorrect answer is option 'C'. Can you explain this answer?
Question Description
PURCHASE Book is used to recorda)All purchase of goodsb)All credit purchasesc)All credit purchases of goodsd)All credit purchases of assetsCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about PURCHASE Book is used to recorda)All purchase of goodsb)All credit purchasesc)All credit purchases of goodsd)All credit purchases of assetsCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for PURCHASE Book is used to recorda)All purchase of goodsb)All credit purchasesc)All credit purchases of goodsd)All credit purchases of assetsCorrect answer is option 'C'. Can you explain this answer?.
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