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In purchase book goods purchased on ………....

In purchase book goods purchased on ……….are recorded.

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Goods purchased on cash are recorded in the :

Quick ratio of a company is 2:1 state giving reasons which of the following transactions would (i) improve ,(ii) reduce,(iii) not change the quick ratio: (a) purchase of goods for cash, (b) purchase of goods on credit, (c ) sale of goods (costingRs 10000) for (a) purchase of goods for cash , (b) purchase of goods on credit (c ) sle goods (costing Rs 10000) for Rs 10000(d) sale of goods (costing Rs 10000) for Rs 11000,(e )cash recelved from trade recelvables.

Prepare Purchases book and purchases Return Book firm the following transactions :

A machine is purchased for Rs. 10,000 which was wrongly recorded in purchase account. Due to this error …….