Books of Prime Entry

Books of prime entry are also known as ____________ .

• subsidiary books

• journal

• ledger

• statement of financial position

1. Goods are returned by a credit customer is recorded in ___________ journal.

• Sales

• Purchase

• Sales Return

• Purchase Return

1. The total of the purchases journal is ________

   to the __________account in the _________ ledger.

• debited, purchases, nominal

• credited, purchases, nominal

• credited, trade payable, purchase

• debited, purchases return, nominal

1. Name the business documents which is used to make entries in sales return journal.

• Invoice

• Debit Note

• Credit Note

• Statement of account

The sales returns journal is also known as the _________ book

• return outwards

• return inwards

The purchases returns journal is also known as the _________ book.

• return inwards

• return outwards

1. Name the ledger in which sales account is maintained.

• Sales Ledger

• Purchase Ledger

• Nominal Ledger

1. Name the ledger in which personal accounts of credit suppliers are maintained.

• Sales Ledger

• Purchase Ledger

• Nominal Ledger

Sold goods to Ram by Mohan. Name the book of prime entry where Ram will record this transaction.

• Sales Journal

• Purchase Journal

The ___________ shows a list of the names of businesses to which credit sales have been made, the value of the goods sold and the date on which the sales were made.

• Sales Journal

• Purchases Journal

• Purchases Return Journal

• Sales Return Journal