+2 votes
in Class 11 by kratos

Verma Bros. Kolkata carry on business as wholesale cloth dealer. From the following, write up their Purchases Book for January, 2018:

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+3 votes
by kratos
 
Best answer

Note:
a. Cash purchases made on 8th Jan will be recorded in cash book as it is cash transaction and not credit.
b. Purchase of Typewriters on 20th Jan is not recorded in Purchase book as it is not goods that the firm trade in. It is an asset for the firm and not goods (i.e., stock)

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