Question 15 of 28
Q.Sales book is used to record :
(a) all credit sales of goods
(b) all sales of goods
(c) all sales of assets and goods
(d) all credit sales of assets
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2023MCQ· 1mImportance★★★★★
54% · 15/28 Questions
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Start your 14-day free trial to unlock the full solution →The sales book records only credit sales of goods, so the answer is (a).
The sales book (or sales day book) is a subsidiary book used exclusively to record the credit sales of goods in which the business normally deals.
It specifically excludes:
- Cash sales, which are recorded in the cash book. …
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