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प्रश्न
Purchases book is used to record __________.
विकल्प
all purchases of goods
all credit purchases of assets
all credit purchases of goods
all purchases of assets
उत्तर
Purchases book is used to record all credit purchases of goods.
APPEARS IN
संबंधित प्रश्न
Which of the following statements is not true?
What is a purchase book?
What is an invoice?
Give the format of purchases book.
Enter the following transactions in the Purchases book of M/s. Subhashree Electric Co., which deals in electric goods.
| 2017 | Particulars |
| April 5 | Purchased from Karthik Electric Co., on credit |
| 10 Electric iron box @ ₹ 2,500 each | |
| 5 electric stoves @ ₹ 2,000 each | |
| April 19 | Purchased on credit from Khaitan Electric Co., |
| 3 electric heaters @ ₹ 6,000 each | |
| April 25 | Purchased from Polar Electric Co., on credit |
| 10 Fans @ ₹ 2,000 each | |
| April 29 | Purchased from M & Co. for cash |
| 10 electric stoves @ ₹ 3,000 each |
Write the difference between return inwards and return outwards
What do you understand by ledger folio?
What is difference between trade discount and cash discount?
Write the process of preparing ledger from a journal
Enter the following transactions in the Purchase Journal (Book) of M/s Gupta Traders of July 2017:
|
01 |
Bought from Rahul Traders as per invoice no. 20041 |
|
40 Registers @ ₹ 60 each |
|
|
80 Gel Pens @ ₹ 15 each |
|
|
50 note books @ ₹ 20 each |
|
|
Trade discount 10%. |
|
|
15 |
Bought from Global Stationers as per invoice no. 1132 |
|
40 Ink Pads @ ₹ 8 each |
|
|
50 Files @ ₹ 10 each |
|
|
20 Color Books @ ₹ 20 each |
|
|
Trade Discount 5% |
|
|
23 |
Purchased from Lamba Furniture as per invoice no. 3201 |
|
2 Chairs @ 600 per chair |
|
|
1 Table @ 1,000 per table |
|
|
25 |
Bought from Mumbai Traders as per invoice no. 1111 |
|
10 Paper Rim @ ₹ 100 per rim |
|
|
400 drawing Sheets @ ₹ 3 each |
|
|
20 Packet waters colour @ ₹ 40 per packet |
