A. Credit sales
B. Credit purchases
C. Credit sales and purchases
D. Cash sales and purchases
Related Mcqs:
- Purchase journal is kept to record_____________??
- The periodic total of sales day book is posted to___________??
- Transactions that a BUSINESS doesn’t record in any specialised journal are recorded in which of the following journals or day books??
- A few errors committed in Ahhiwalia’s books of account are given below. State which errors would affect the Trial Balance.?
- Which of the following is a type of cash receipt journal cash payment journal??
- Credit memo or credit note No. is entered in which of the following journal??
- Which of these is not a special purpose journal??
- The periodic total of purchase day book is posted to____________??
- Gross Profit is equal to_________??
- _________ will be credited if goods are given as charity??
