Solved

When Goods Are Purchased for Cash, the Entry Will Be

Question 49

Multiple Choice

When goods are purchased for cash, the entry will be recorded in the?

A) Cash book
B) Purchases book
C) Journal
D) None

Related Questions

Q44: A revenue that is collected before it

Q45: Anticipate no profits and provide for all

Q46: Interest of Drawings is:<br>A)Expenditure for the business<br>B)Expense

Q47: Income tax paid by a sole proprietor

Q48: Which is the third stage of accounting

Q50: Value of goods withdrawn by the proprietor

Q51: Which of the following is NOT normally

Q52: M/s Stationery Mart will debit the purchase

Q53: Journal entry for wages paid Rs. 5,000

Q54: The primary objective of the matching principle