Gce Model Questions Vol1 2018 Financial Accounting Question 22
Practice objective / multiple choice question 22 from the 2018 Gce Model Questions Vol1 Financial Accounting examination.
A business records its transactions in three books of original entry: the Sales Journal, the Purchases Journal and the Cash Book. The following transactions occurred in January:\n\n1. 5 Jan - Bought office furniture for \(£2,500\) cash.\n2. 9 Jan - Purchased raw materials on credit for \(£8,400\).\n3. 12 Jan - Sold goods for \(£6,200\) cash.\n4. 15 Jan - Purchased machinery on credit for \(£15,000\).\n5. 20 Jan - Paid electricity bill cash \(£900\).\n6. 22 Jan - Sold goods on credit for \(£4,500\).\n7. 27 Jan - Purchased office supplies for \(£1,200\) cash.\n8. 30 Jan - Purchased inventory on credit for \(£3,600\).\n\nWhat is the total amount recorded in the Purchases Journal for the month?
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About This Question
This is Gce Model Questions Vol1 2018 Financial Accounting Question 22. It is one of the objective questions from the 2018 Gce Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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