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Purchase book is used to record?

a. All purchases b. Only credit purchase c. Only cash purchase d. none of the above

Accounting
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Question added by SREEDEVI SUNILKUMAR
Date Posted: 2014/04/14
Upvote (3) Views (8) Followers (7) Answers (5) Report Question
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ANSHAD VALLAKKAL
by ANSHAD VALLAKKAL , Cashier , MOWASALAT (KARWA)

Option A.)    All Purchases

Muhammad Sajjad
by Muhammad Sajjad , Chief Accountant , Hassan Kabbani Est. for Gen. Const. of Buildings (IKK Group of Companies)

This is very clear that all purchses should be record in purchase ledger / Book. there is no matter its credit or cash base.

 

So Option A is correct

Kashif Aslam
by Kashif Aslam , Finance Officer , Actionaid Pakistan International

It is used to record only thoes purchase made on credit.....

Ubaid Ullah Sajid
by Ubaid Ullah Sajid , Accounts Executive , ASNB Real Estate Management L.L.C.

Correct Answer is Option "A"

mohammad yaseer
by mohammad yaseer , ASSOCIATE SUPERVISOR (ACCOUNTS) , national trading

A. ALL PURCHASE

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