Purchase of Plant amp Machinery on credit basis is recorded in ........

Accountancy (Phase -I & II) Company Final Accounts

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Purchase of Plant & Machinery on credit basis is recorded in

Purchases

Cash book

Journal proper

Both Both a and b

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Explanation:

Journal proper is book of original entry (simple journal) in which miscellaneous credit transactions which do not fit in any other books are recorded. It is also called miscellaneous journal. The form and procedure for maintaining this journal is the same that of simple journal.