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Question

Goods worth Rs.15,000 purchased from Tarun for cash will be recorded in________.

A
Cash book credit side
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B
Sales book
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C
Journal book
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D
Stock register
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Solution

The correct option is B Cash book credit side
The Journal Entry that should be entered in books :-
(i) Purchase A/c Dr. 15000
To Cash A/c 15000
(Being goods purchased for cash)
Hence, This will be shown in credit side of cash book.
By Purchase A/c 15000

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