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Purchase book is maintained to record

This question belongs to Commerce Accounting
Accounting
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Purchase book is maintained to record

Answer & Solution
Correct Answer: Option A
A purchase book is a special purpose subsidiary book prepared by a business to record all credit purchases.
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2 Comments
Imran Bhat
Imran Bhat 5 years ago
Purchase book records credit transactions of goods. Not all credit transactions
Rakesh Nayak
Rakesh Nayak 8 years ago
Purchase book is used to record credit purchase of goods
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