Sales and purchase journal doesn't record Options: A . &nbspCredit sales B . &nbspCredit purchases C . &nbspCredit sales and purchases D . &nbspCash sales and purchases

Sales and purchase journal doesn't record

Question

Sales and purchase journal doesn't record

Options:

A . Credit sales

B . Credit purchases

C . Credit sales and purchases

D . Cash sales and purchases

Answer: Option D

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Question 1. Cash received from debtor is recorded in which of the following specialized journals?....

Question 2. Which of the following is a type of cash receipt journal + cash payment journal?....

Question 3. Cash purchases is recorded in which of the following specialized journals?....

Question 4. A brief explanation recorded below every entry in General Journal is commonly known as....

Question 5. Debit note is the basis for recording a transaction in which of the following journals?....

Question 6. Credit note is the basis for recording a transaction in which of the following journals?....

Question 7. Specialized journals are more adequate for which type of businesses?....

Question 8. Transferring entries from journal to ledger account is commonly known as....

Question 9. _____ will be credited if goods are given as charity....

Question 10. An 'account' records the ______ in the balance of an item....

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