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RT
Question Practice

Which of the following would NOT be recorded in the Purchases Return Journal?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Recording of Transactions - II
Question Bank

Which of the following would N...

Single Answer MCQ
Q-00054006

Which of the following would NOT be recorded in the Purchases Return Journal?

1

Goods returned due to defects

2

Goods returned for a trade discount

3

Goods purchased on credit

4

Goods returned on cash purchases

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Q1.

What is the purpose of a cash book?

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In a double column cash book, what does the bank column represent?

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Q3.

What happens to the contra entries when posting from the cash book to the ledger?

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Q4.

Why might a business choose to maintain a petty cash book?

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