Business paid rent amounting to Rs 1000, which of the following special journals shall record this transaction?
Purchase Book
Cash Book
Purchase Return Book
Sales Book
Cash payments are recorded in a cash book.
Transactions that a business doesn`t record in any of the special journals are recorded in which of the following journals/ day books?
Hans Raj Traders paid Rs 25000 to Peepal Traders (a supplier of goods). This transaction is recorded for Rs 2500 instead of Rs 25000. Which of the following accounts shall be debited?
Sale of old furniture on credit shall be recorded in which of the following specialized journals?
The business transactions are recorded date wise to create proper record for all transactions. This is part of which of the following
Mr. John started a T-shirts business to be known as “John T-shirts”. Mr. John invested Rs 15,000 into his business. Which of the following shall be effected by this transaction in the accounting equation?