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Special Journal

Credit purcha...

Question

Credit purchases of Plant & Machinery is recorded in which of the following specialized journals?

A

Journal Proper

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B

Cash Receipts Journal

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C

Purchase Return Journal

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D

Purchase Journal

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Solution

The correct option is A
Journal Proper

Transactions that a business doesn`t record in any of the special journals are recorded in general journal & hence credit purchases of Plant & Machinery is recorded in general journal.

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Q. Select the most appropriate alternatives from those given below :

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Q. Credit purchase of machine is entered in purchase journal.

Q. Purchases that are recorded in purchases (Journal) book ?

Q. Purchases journal (also called Purchase book or Invoice book or Invoice journal) is used for recording ________________.

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