[amp_mcq option1=”Statutory Books” option2=”Inventory Books” option3=”Accounts Books” option4=”Display” correct=”option4″]
The correct answer is D. Display.
A purchase register is a document that records all purchases made by a business. It includes the date of the purchase, the supplier, the goods or services purchased, the quantity purchased, the price per unit, and the total amount paid. A sales register is a document that records all sales made by a business. It includes the date of the sale, the customer, the goods or services sold, the quantity sold, the price per unit, and the total amount received.
Both purchase and sales registers can be viewed in the Display option of the accounting software. To view a purchase register, select the Purchases tab and then select the Purchase Register option. To view a sales register, select the Sales tab and then select the Sales Register option.
Statutory books are books that are required by law to be kept by businesses. They include books such as the general ledger, the journal, and the cash book. Inventory books are books that record the quantity and value of goods that a business has on hand. Accounts books are books that record the financial transactions of a business.
The Display option is the only option that allows users to view purchase and sales registers. The other options are not relevant to the question.