Sales and purchase journal dont record__________?

A: Credit sales

B: Credit purchases

C: Credit sales and purchases

D: Cash sales and purchases

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Cash sales and purchases

Cash received from debtor is recorded in which of the following SPECIALIZED journals?

A: Purchase journal

B: Sales journal

C: Cash receipts

D: Cash payments journal

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Cash receipts

Which of the following is a type of cash receipt journal + cash payment journal?

A: Bank statement

B: Statement of cash flow

C: Cash book

D: Cash documents

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Cash book

Cash purchases is recorded in which of the following specialized journals?

A: Purchase journal

B: Sales journal

C: Purchases return journal

D: Cash payments journal

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Cash payments journal

A brief explanation recorded below every entry in general journal is commonly known as__________?

A: Narration

B: Explanation

C: Summary

D: Other information

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Narration

Credit purchase of plant and machinery is recorded in which of the following journals?

A: General journal

B: Cash journal

C: Purchase journal

D: Purchase return journal

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General journal

Debit note is the basis for recording a transaction in which of the following journals?

A: General journal

B: Cash journal

C: Purchase journal

D: Purchase return journal Read More Details about this Mcq

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Purchase return journal

SALE of old furniture will be recorded in which of the following specialised journals?

A: Purchase journal

B: Sales journal

C: General journal

D: Cash receipt journal

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General journal

Credit note is the basis for recording a transaction in which of the following SPECIALIZED journals?

A: Purchase journal

B: Sales return journal

C: General journal

D: Cash receipt journal

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Sales return journal

Which of the following account with normal balance is shown at the debit side of a trial balance?

A: Rent income account

B: Creditors account

C: Unearned income account

D: Cash account

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Cash account

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