AIR Spotlight is an insightful programme featured daily on the All India Radio Newsonair. In this program, many eminent panellists discuss issues... View Article
The other name for sales return is return inwards. Also read: Cash Book Purchase Book Sales Book and Sales Return Book Cash Flow Statement... View Article
A sales book is a book that contains details of all the credit sales made by the firm. It is also called a sales journal. Also read: Cash... View Article
The purchase book records the basic information of a purchase like date of transaction, name of the supplier, supplier invoice number and the... View Article
Purchases ledger contains the accounts of the suppliers of the firm or the business. It records all the purchases made from all the suppliers and... View Article
Purchase returns reduce the expenses of the business and therefore will be placed in the credit side of the trial balance. Also read: Cash... View Article
The difference between a purchase book and a purchase return book is that a purchase book is used to record all credit purchases done by a firm... View Article
The other name of the purchase returns book is the return outwards book. Also read: Cash Book Purchase Book Sales Book and Sales Return... View Article
Purchase returns book is a book in accounting where the goods that are returned to the supplier are recorded. It is also known as purchase... View Article
A cash book records all the cash transactions taking place in a business. These also include bank deposits and withdrawals. Also read: Cash... View Article
No, cash purchases are not recorded in the purchase book, as the function of a purchase book is to record credit purchases of a firm. Also read:... View Article
Purchase book is a special purpose subsidiary book that does not have debit and credit columns. Also read: Cash Book Purchase Book Sales... View Article
No, a purchase book is a special purpose subsidiary book and a journal that records all the credit purchases of the firm. Also read: Cash... View Article
The purchase book is used to record the credit purchases made by the firm. It is a special purpose subsidiary book. Cash purchases are not... View Article
A purchase book is a book that records all the invoices for goods that are purchased by the firm or the business on credit. In other words, it... View Article
