source document and subsidiary book

books where transactions are first recorded before posting to the ledger are

• subsidiary book

• journal

• trial balance

• cash book

a book used to record the transaction of goods bought on credit is called

• sales day book

• purchase day book

• journal

• returns inwards

a book used to record the transaction of goods sold on credit is called?

• sales day book

• purchase day book

• journal proper

• returns outwards

a book used to record all cash and cheque transaction is called?

• cash book

• journal

• purchase book

• returns book

itunu bought 5 packets of tea at 15 naira each, less trade discount of 10 percent, what is the price of the goods after discount

• 75naira

• 67.5 naira

• 69naira

• 80 naira

When a customer is overcharged, what document is issued to him

• debit note

• purchase return

• sales return

• credit note

one of these serves as an evidence of payment

• invoice

• debit note

• receipt

• purchase note

an arrangement where the seller takes possession of goods with a promise to pay at a future date is called?

• credit sale

• hire purchase

• debit sale

• book keeping

one of these serves as a request for payment

• receipt

• invoice

• purchase book

• sale order

a document used to record information within bloombreed is called?

• cash register

• voucher

• file

• chrome book