Purchase of a fixed asset on credit basis is recorded in …………….

Related MCQs

• Credit purchase of fixed asset is recorded in
• A purchase of 49,500 from Shiva was recorded in Purchases Book as 59,400, the profit would show
• Total of purchase return boo is posted periodically to the credit of ……
• In case credit balance , the words ………….. are written on the credit side.
• When incomes recognised on cash basis and expenditure recognised on accrual basis, the system termed as
• In a overdraft balance as per cash book, a cheque of 1,250 deposited into bank but not recorded in cash book will be
• A debit note issued to a creditor for goods returned is to be recorded in the
• Sales of 6,570 is recorded in the sales book as 6,750. Such Error is known as
• Which of the following transaction is not recorded in cash book?
• If a sum of 1,500 received from Laxman (debtor) has not been recorded in the books, the