CBSE Class 11-commerce Answered
Goods sold on credit are recorded in
which subsidiary book and why?
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
Expert Answer
Sales book is a subsidiary book which records credit sales of goods i.e. goods which the firm trade in. Cash sales of goods and sale of any assets are not recorded in sales book. Sales book is also known as day book. Sales invoices or bills issued to customers are the source documents for recording entries in the book. Therefore, goods sold on credit are recorded in sales book.
Answered by | 11 Jul, 2016, 06:49: PM
CBSE 11-commerce - Accountancy Part I
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Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
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Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERTCBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERTCBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERTCBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERTCBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERTCBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERTCBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERTCBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT
