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Recording of Tr...

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  • Question 1
    1 / -0

    Which of the following should be entered in the Journal?
    (i) Payment for purchases
    (ii) Fixtures bought on credit
    (iii) Credit sale of goods
    (iv) Sale of surplus machinery.

  • Question 2
    1 / -0

    Of the following account types, which would be increased by a debit_________.

  • Question 3
    1 / -0

    In the particulars account the name of the account to be credited is entered at ______ place with a prefix 'To' _____________________.

  • Question 4
    1 / -0

    The reason for totaling at the end of the page of a journal is ______________.

  • Question 5
    1 / -0

    Generally journal is kept in a ______________.

  • Question 6
    1 / -0

    This is NOT the function of ledger.

  • Question 7
    1 / -0

    Book of analytical record is ___________.

  • Question 8
    1 / -0

    The information that is not provided in the ledger is a _______________.

  • Question 9
    1 / -0

    In ledger J.F. denotes __________.

  • Question 10
    1 / -0

    Pick out the wrong one from the following statements.

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