Received cash of Rs $2, 00, 000$ from debtors for settlement of credit sales will be recorded in ______________.

Sales Book

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Purchase Book

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Journal Proper (General Journal )

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Cash Book

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Solution

The correct option is B Cash Book
It will be recorded in the cash book as cash is involved in the above transaction.

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Similar questions

Analyse the following situation & compute the value of debtors to be recorded in the books.
1 Amounts receivable until last day of the year Rs 2,00,000
2 Credit sales on the last day of the year Rs 10,000
3 Cash sales on the last day of the year Rs 50,000

Cash received from debtors is recorded in which of the following specialised book?

Q. Total sales during the year amounted to Rs.170000, cash sales Rs.10000, outstanding debtors at the end of the year Rs.25000. Cash received from debtors will be Rs.____________.

Q. Cash received from debtors is recorded in the book.

Q. Calculate Sales.

Opening Debtors Rs.10200
Cash received from debtors during the year (as per cash book) Rs.30400
Return inwards Rs.2700
Bad debts Rs.1200
Debtors at end Rs.13800
Cash Sales (as per cash book) Rs.58400

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Received cash of Rs 2,00,000 from debtors for settlement of credit sales will be recorded in ______________.

The correct option is B Cash BookIt will be recorded in the cash book as cash is involved in the above transaction.

Received cash of Rs $2, 00, 000$ from debtors for settlement of credit sales will be recorded in ______________.

The correct option is B Cash Book
It will be recorded in the cash book as cash is involved in the above transaction.