bought | A list of goods that were previously _____ which have been returned | 1 | 1 | true |
Purchases Book | Definition: A list of all goods bought on credit for resale | 2 | 0 | true |
Sales Return Book | Definition: A list of all goods previously sold on credit which have been returned. | 3 | 0 | false |
income | Record of day to day _____ earned by the firm | 4 | 1 | true |
Cash Book | Definition: Used for cash or cheque transactions | 5 | 0 | false |
Sales Book | Definition: A list of all goods sold on credit | 6 | 0 | false |
Liability Account | Definition: Record of what the firm owes | 7 | 0 | false |
Asset Account | Definition: Record of what the firm owns and what is owed to the firm. | 8 | 0 | false |
Expense Account | Definition: Record of the firm’s day to day running expenses. | 9 | 0 | false |
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