Purchased goods for Rs.90,000 from Mr. Nikhil on credit will be recorded in ______________.
A
sales book
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B
purchase book
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C
journal proper (general journal)
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D
cash book
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Solution
The correct option is B purchase book Purchase book also known as purchase journal is an accounting ledger in which all credit purchases of trading goods are recorded.
For example: purchased goods for Rs.10,000 from Ram on credit will be recorded in purchase day book.