Credit purchase of stationery worth $R s .5, 000$ by a stationery dealer will be recorded in ___________.

Journal proper (general journal)

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Cash book

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Purchase book

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Sales book

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Solution

The correct option is C Purchase book
Purchase book is an accounting ledger in which all credit purchase of trading goods are recorded. Two most important requirement for recording entry in purchase book are:
1. Purchase must be on credit
2. Purchase must be of trading goods.
Therefore, in the given question credit purchase of stationery will be recorded in purchase book. as the purchaser deals in stationery.

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Similar questions

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Credit purchase of stationery worth Rs.5,000 by a stationery dealer will be recorded in ___________.

Credit purchase of stationery worth $R s .5, 000$ by a stationery dealer will be recorded in ___________.