Manufacturing Journal
Stock Journal
Purchase Journal
Both A & B
Answer is Right!
Answer is Wrong!
The correct answer is: B. Stock Journal.
A stock journal is a book of original entry used to record all transactions related to the movement of goods in and out of a company’s inventory. This includes transfers of goods between godowns.
A manufacturing journal is a book of original entry used to record all transactions related to the production of goods. This includes the purchase of raw materials, the cost of labor, and the cost of overhead.
A purchase journal is a book of original entry used to record all transactions related to the purchase of goods. This includes the purchase of raw materials, finished goods, and supplies.
Therefore, the correct answer is B. Stock Journal.