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Byju's Answer

Standard X

Mathematics

Recurring Deposit Account

Purchase of f...

Question

Purchase of furniture on cash for Rs $1, 50, 000$ will be recorded in _____________.

Sales Book

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Purchase Book

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General Journal

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Cash Book

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Solution

The correct option is D Cash Book
As it is purchased for cash therefore, it will be recorded in cash book.

Suggest Corrections

Similar questions

Rectify the following errors.

(a) Furniture purchased for Rs. 10,000 wrongly debited to purchase account.

(b) Machinery purchased on credit from Raman for Rs. 20,000 was recorded through purchase book.

(d) Repairs on overhauling of second hand machinery purchased Rs. 2,000 was debited to repair account.

(e) Sales of old machinery at book value of Rs. 3,000 was credited to sales account.

Rectify the following errors

(i) Credit sales to Mohan Rs. 7,000 were recorded as Rs. 700.

(ii) Credit purchase from Rohan Rs. 9,000 were recorded as Rs. 900.

(iii) Goods returned to Rakesh Rs. 4,000 were recorded as Rs. 400.

(iv) Goods returned from Mahesh Rs. 1,000 were recorded as Rs. 100.

(v) Furniture purchased on credit from kartik for Rs. 60,000 posted as Rs. 6,000.

(vi) Furniture purchased on credit from Kartik for Rs. 60,000. posted to Jatin's account.

(vii) Furniture purchased on credit from Kartik for Rs. 60,000 posted to machinery account.

Q. Cash sales for Rs

5, 00, 000

will be recorded in __________.

Rectify the following errors.

(a) Credit Sales to Mohan Rs. 7,000 were recorded in purchase book.

(b) Credit Purchase from Rohan Rs. 9,000 were recorded in the sales book.

(d) Goods returned from Mahesh Rs. 1,000 were recorded in purchase return book.

Rectify the following errors.

(i) Credit sales to Mohan Rs. 7,000 were recorded as Rs. 7,200.

(ii) Credit purchase from Rohan Rs. 9,000 were recorded as Rs. 9,900.

(iii) Goods returned to Rakesh Rs. 4,000 were recorded as Rs. 4,040.

(iv) Goods returned from Mahesh Rs. 1,000 were recorded as Rs. 1,600.

(v) Cash sale of Rs. 3,400 to Aroha was posted to the credit of Aroha.

(vi) Credit sale of old furniture to X for Rs. 3,400 was credited to the sales account.

(vii) Credit sale of old furniture to Vishal for Rs. 1,700 was posted as Rs. 7,100.

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Purchase of furniture on cash for Rs 1,50,000 will be recorded in _____________.

The correct option is D Cash BookAs it is purchased for cash therefore, it will be recorded in cash book.

Purchase of furniture on cash for Rs $1, 50, 000$ will be recorded in _____________.

The correct option is D Cash Book
As it is purchased for cash therefore, it will be recorded in cash book.