The prime entry for the acquisition of a cash book, ledgers and a journal for Rs 240 from X Ltd, on credit would be in the:

Journal

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

purchases Day Book

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Cash Book

No worries! We‘ve got your back. Try BYJU‘S free classes today!

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Journal
Journal is called as books of prime entry.

Suggest Corrections

Similar questions

Q. The journal entry to account for the acquisition on credit of factory machinery from Millet plc should require which of the following:

Q. The cash book shows a balance of

R s . 11, 000

which was different from the pass book balance. The difference is found to be due to a credit entry in pass book amounting to

R s . 2, 000

for direct payment by a customer and a debit of

R s . 250

for bank charges on collection of outstation cheques and other services. What would be the balance as per bank pass book?

Q. If a credit sale of Rs. 15,400 to Pram had been entered as Rs. 14,500. The Journal entry for rectifying the error would be:

The cash book shows a balance of Rs.11,000 which was different from the balance as per bank statement. The difference is found to be due to a credit entry in pass book amounting to Rs.2,000 for direct payment by a customer in bank account. What would be the balance as per bank pass book?

Q. 150 shares of ₹ 10 each issued at a premium of ₹ 4 per share payable with allotment were forfeited for non-payment of allotment money of ₹ 8 per share including premium. The first and final call of ₹ 4 per Pass Journal entries in the books of X Ltd. for the above.

Join BYJU'S Learning Program

The prime entry for the acquisition of a cash book, ledgers and a journal for Rs 240 from X Ltd, on credit would be in the:

The correct option is A JournalJournal is called as books of prime entry.

The correct option is A Journal
Journal is called as books of prime entry.