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Ledger Test 12...

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  • Question 1
    1 / -0

    If there is a debit balance in ledger accounts than ___________.

  • Question 2
    1 / -0

    In ledger J.F. denotes __________.

  • Question 3
    1 / -0

    Pick out the wrong one from the following statements.

  • Question 4
    1 / -0

    What is NOT required for ledger?

  • Question 5
    1 / -0

    What is uncommon in ledger?

  • Question 6
    1 / -0

    Posting is ___________________.

  • Question 7
    1 / -0

    Which of the following involves the preparation of reports and statements from the classified data (ledger) understandable and useful to management and other interested parties? 

  • Question 8
    1 / -0

    Which of the following  is recorded in the purchase book?

  • Question 9
    1 / -0

    At the end of the accounting year all the nominal accounts of the ledger book are ______________________.

  • Question 10
    1 / -0

    _______ is the principal book of accounts where similar transactions relating to a particular person or property or revenue or expense are recorded. 

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