Enter the following transactions in M/s Basu & Co. Single Column Cash Book Balance of Cash in hand ₹ 2,10,000 Purchased goods for cash ₹ 1,20,000
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Solution:- (a) Purchase Book because it is a credit purchase of goods. (b) Journal Proper because it can not be recorded in any of other subsidiary books. (c) Sales Returns Book because customer has returned the goods. (d) Journal Proper…
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