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Recording Interest on Capital & Drawings

Which of the ...

Question

Which of the following books should be used to record purchase of furniture on credit?

A

Cash book

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B

Journal proper

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C

Purchases book

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D

Sales book

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Solution

The correct option is B Journal proper
The book in which the transaction is recorded for the first time is called journal or book of original entry. Hence, the purchase of furniture on credit transaction should be recorded in journal proper.

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