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

Answer & Explanation Discussion
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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 specialized journals records œgoods returned by customers?

A: Purchase journal

B: Sales journal

C: Purchases return journal

D: Sales return journal

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Sales return journal

Sales on credit is recorded in which of the following journal?

A: Purchase journal

B: Sales journal

C: Purchases return journal

D: Sales return journal

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Sales journal

Transactions that a BUSINESS doesnt record in any specialised journal are recorded in which of the following journals or day books?

A: Cash payments journal

B: Cash receipts journal

C: Purchases return journal

D: General journal

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General journal

Another name of journal is_____________?

A: Specialized journal

B: Day book

C: Cash book

D: Record book

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Day book

Which of the following specialised journals will record œgoods returned by the BUSINESS œ?

A: Purchase journal

B: Sales journal

C: Purchases return journal

D: Sales return journal

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Purchases return journal

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 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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