……………….journal is used to record credit sale of goods

Related MCQs

• The analysis done by investors , credit agencies , government agencies and other creditors who have no access to the internal records of a company is known as ……………..
• If the Gross sales of a concern is Rs.200000 and sales return is 20000, Gross profit is 150000.cost of goods sold is……………………..
• Given opening stock is Rs.20000, Direct expenses 10000, Closing stock 5000.Cost of goods sold is ……………………
• Goods purchased for cash. This transaction involves…………..
• Under marginal costing, stocks of finished goods and work-in-process are valued at …………….. costs only
• Responsibility accounting is used for ……………….
• ABC system is used for ………………