___ records credit sale of traded goods HomeFinancial Accounting MCQs___ records credit sale of traded goodsQ. ___ records credit sale of traded goods.A. Purchase day bookB. Sales day bookC. Cash bookD. None of the aboveAnswer: Sales day book
Rohit carrying on real estate business sold a piece of land for Rs.4,00,00,000 (cost Rs.3,50,00,000) then the type of receipt is nature and profit on sale is