Opening, closing and adjustment entries are recorded in _______________.

Purchase Book

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Sales Book

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Petty Cash Book

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Journal Proper

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Solution

The correct option is D Journal Proper
Journal Proper records those transaction which are not recorded in any other book.

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Similar questions

Which of the following is correct for recording a journal entry for opening a bank account with cash?

Explain how the following may be ascertained from incomplete records

(a) Opening capital and closing capital

(b) Credit sales and credit purchases

(d) Closing balance of cash

Explain how the following may be ascertained from incomplete records:

(a) Opening capital and closing capital

(b) Credit sales and credit purchases

(d) Closing balance of cash.

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