All of the above
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Question ID: 5546
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Cash, Bank and Discount transactions
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Question ID: 5545
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Journal book
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Question ID: 5544
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Goods sold on credit when returned by the customer is recorded in returned inward book or sales return book. Sales return book shows a debit balance as it is reverse to the sales, which has credit balance. When the goods are returned by the customer one note is prepared which is called as "Credit note". The returned outward book is used to record return of goods purchased on credit.
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Question ID: 5543
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Opening entry
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Question ID: 5542
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All cash transactions are primarily recorded in it as soon as they take place; so it is a journal (a book of original entry). On the other hand, the cash aspect of all cash transactions is finally recorded in the Cash Book (no posting in Ledger); so a Cash Book is also a Ledger (a book of final entry).
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Question ID: 5541
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The quantity of a particular sold during the period.
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Question ID: 5540
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While journalizing for bad debts debtor`s personal account is credited and bad debts account is debited because bad debts written off are treated as a loss to the business and now when they are recovered it is seen as a fresh gain.
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Question ID: 5539
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Plant Account
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Question ID: 5538
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Accrued interest A/C dr To interest A/C.
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Question ID: 5080
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