aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Accounting Process
  • Sales book records
Multiple choice

Sales book records

  1. cash sales of goods.

  2. credit sales of goods.

  3. both cash and credit sales of goods.

  4. credit sales of goods and assets.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Only credit sales of goods are recorded in sales book. Cash sales are recorded in cash book. Credit sales of assets are not recorded in sales book.

Keep practicing — related questions

  • Purchase Book records
  • The goods were sold to Rajesh worth Rs. 10,000 @ 4% sales tax and recorded in the books. After somtimes, Ra...
  • Red Data Book keeps a record of all the endangered animals, plants and other species. Which of the followin...
  • Salary paid for 11 months has been recorded but for the 12th month, which is outstanding, has not been reco...
  • Goodwill is recorded in the books of account only when
  • The statement to return all the records from a table named books sorted in descending by the column author ...
  • Which the following singers, in the last week of March 2016, entered the Guinness Book of Records for singi...
  • An invoice of purchase from Ajit for Rs. 20,000 was not recorded in the books. Which is the correct rectify...
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Accounting Principles and Practices (2416 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy