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Standard XI
Accountancy
Question

Journal Proper is used to record ____________.
  1. returns of fixed assets purchased on credit
  2. all cash purchases of assets other than goods
  3. recovery of an amount already written off as bad debt
  4. all cash sales of assets other than goods

A
recovery of an amount already written off as bad debt
B
all cash sales of assets other than goods
C
returns of fixed assets purchased on credit
D
all cash purchases of assets other than goods
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Solution
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A journal proper is the book of original entry in which only those entries are recorded that cannot be recorded in the special journal. It is also termed as a General Journal. When the journal is divided into various subsidiary books, it remains only a residuary book in which only those transactions are recorded that cannot be recorded in any other subsidiary book. In such a case, the journal is called as Journal proper. Purchase of asset on credit can neither be recorded in the cash book or the purchase book because cash book only records cash transactions and purchase book only records the credit purchase of goods. Thus purchase and sale or return of purchased or sale asset on credit is recorded in journal proper.

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