Question

Sale of Machinery by Mr. X, a dealer in stationery to Mr. Y for 120000 is recorded in _______________.

• A. Cash Book.
• B. Sales Book.
• C. Purchases Book.
• D. Journal Proper.

Answer 1

The correct option is A Cash Book.

Cash book records all those transactions where cash is involved.
As cash is involved in this transaction therefore, it will be recorded in cash book.