Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Purchase book is used to record?

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

user-image
Question added by SREEDEVI SUNILKUMAR , Business finance officer , Emirates Airline
Date Posted: 2014/04/14
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

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.