Journal proper is meant for recording ____________.

Credit purchase of Fixed Assets

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Return of Goods

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All such transactions for which no special journal has been kept by the business

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Supply of Goods

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Solution

The correct option is B All such transactions for which no special journal has been kept by the business
All specific transactions like credit sales, credit purchases, sales returns, purchase returns, bills payable, bills receivables etc are recorded in specific journals. The transactions which are not recorded in specific journal, need to be recorded in journal proper.

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Similar questions

Transactions that a business doesn`t record in any of the special journals are recorded in which of the following journals/ day books?

Which of the following will be credited in a journal, if a business purchases goods on credit?

Mention the subsidiary books in which the following transactions are recorded with reason thereof.

(i) Purchase of furniture on credit for use in a shop.

(ii) Sale of goods on credit.

(iii) Goods returned by debtors

(iv) Purchase of stock on credit.

(v) Providing for interest on capital to a proprietor.

(vi) Goods returned to creditors.

(vii) Sale of goods for cash.

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