Fill in the blanks with suitable word(s)
- Subdivisions of the journals into various books for recording transactions of similar nature are known as __________.
- Each one of the Subsidiary books is a special journal and a book of ________ entry.
- Purchases book is meant for recording ________.
- Only credit sales are recorded in ___________.
- Goods returned by customers are recorded in ________.
- The goods returned by their trader to suppliers are recorded in ________.
- The person who prepares the bill of exchange is called the ________.
- Bills Receivable Book records the _____ of Bills
- Entries which cannot be entered in any of the subsidiary books are entered in ________.
- When a customer returns the goods, a ________ note is sent to him.
- When the goods are sent to a supplier, a ________ note is sent to him.
- Purchase – Day-Book is a part of ________.
- Closing entries are recorded in ________.
- In general, Cash Book shows ________ balance
- Petty cash is an ________.