Description : Ledger posting is made before journal entry.
Last Answer : State whether the following statement are ‘True or False’ with reason : Ledger posting is made before journal entry.
Description : ____________ is prepared from the balances in the ledger accounts.
Last Answer : ____________ is prepared from the balances in the ledger accounts. (a) List (b) Journal (c) Book (d) Trial Balance
Description : Peachtree, inputting income through general journal and having it show up on the general ledger?
Last Answer : I don't know much about this program. I would almost guess that the opposite problem would happen with journal entries, where they would show up in the GL and not on an Income Statement. Are you ... a few years since I did any proper accounting and I hope something I've mentioned here might help.
Description : Complete the following table : Ledger Journal
Last Answer : Complete the following table : Ledger Trial Balance Journal ?
Description : Ledger Folio is recorded in the journal.
Last Answer : State whether the following statement are ‘True or False’ with reason : Ledger Folio is recorded in the journal.
Description : Ledger posting is not necessary for journal proper.
Last Answer : State whether the following statement are ‘True or False’ with reason : Ledger posting is not necessary for journal proper.
Description : Totalling of Journal or Ledger is called as _________
Last Answer : Totalling of Journal or Ledger is called as _________ (a) Posting (b) Folio (c) Casting (d) Journalising
Description : Under vouching, checking is done of– (A) Journal and Ledger (B) Profit and Loss Account (C) Balance Sheet (D) All of the above
Last Answer : Answer: All of the above
Description : Primary book" maintained in a business is 1. Journal 2. Ledger 3. Cash book 4. Account book 5. None of these
Last Answer : Journal
Description : After the adjusting entries are journalized and posted to the accounts in the general ledger, the balance of each account should agree with the balance shown on the a. adjusted trial balance. b. post-closing trial balance. c. the general journal. d. adjustments columns of the worksheet.
Last Answer : a. adjusted trial balance.
Description : Why ledger Called the book of final entry?
Last Answer : Need answer
Description : To supply of saving bank ledger copy Rs _____ will be charged a) 10 per ledger copy b) Rs 5 per every thirty entry c) Rs 2 per every thirty entries or part there of d) Free
Last Answer : c) Rs 2 per every thirty entries or part there of
Description : The work of accounting depends upon ____________ (a) book-keeping (b) cash book (c) subsidiary books (d) ledger
Last Answer : The work of accounting depends upon ____________ (a) book-keeping (b) cash book (c) subsidiary books (d) ledger
Description : Drawing account is closed by transferring the balance to the _________ account.
Last Answer : Drawing account is closed by transferring the balance to the _________ account. (a) Drawing (b) Liabilities (c) Assets (d) Capital
Description : Why is a journal called the book of prime entry?
Last Answer : Why is a journal called the book of prime entry?
Description : What is the journal entry for January 4 purchase inventory of 4000 units at 8 per unit on account.?
Description : What was clarks entry into his journal when they reached the pacific?
Last Answer : great joy
Description : How do you post a journal entry for a HST refund?
Last Answer : Feel Free to Answer
Description : he journal entry to record a return of merchandise purchased on account under a perpetual inventory system would include a. Accounts Payable Sales Returns and Allowances b. Purchase Returns and ... Accounts Payable c. Accounts Payable Inventory d. Merchandise Inventory Cost of Goods Sold
Last Answer : d. Merchandise Inventory Cost of Goods Sold
Description : A credit memorandum is used as documentation for a journal entry that requires a debit to a. Sales and a credit to Cash. b. Sales Returns and Allowances and a credit to Accounts Receivable. c. ... and a credit to a contra-revenue account. d. Cash and a credit to Sales Returns and Allowances.
Last Answer : d. Cash and a credit to Sales Returns and Allowances.
Description : he journal entry to record a credit sale is a. Cash Sales b. Cash Service Revenue c. Accounts Receivable Service Revenue d. Accounts Receivable Sales
Last Answer : d. Accounts Receivable Sales
Description : The journal entry to record a return of merchandise purchased on account under a perpetual inventory system would credit a. Accounts Payable. b. Purchase Returns and Allowances. c. Sales. d. Merchandise Inventory.
Last Answer : d. Merchandise Inventory.
Description : Give journal entry for adjusting profit made due to change in method of depreciation.
Last Answer : It can only be achieved by reducing rate of Dep retrospectively.
Description : Which is an example of primary data? A. journal entry B. survey C. census data D. news article
Last Answer : C. census data
Description : Which among the following is correct about "Hacking": a) Hacking is an illegal intrusion into a computer system and/or network. b) Cracking term is equivalent to Hacking (In Indian Laws perspective there is ... their own account followed by withdrawal of money. e) All of the Above f) None of These
Last Answer : e) All of the Above
Description : Under Single Entry System only ________ are opened.
Last Answer : Under Single Entry System only ________ are opened. (a) Cash and Personal Accounts (b) Real ... c) Nominal Accounts (d) Real and Nominal Accounts
Description : A statement of __________ is to be prepared in under to find out profit or loss under a single entry system.
Last Answer : A statement of __________ is to be prepared in under to find out profit or loss under a single entry system ... (c) Revenue (d) Profit or Loss
Description : The ____________ enlist 64 Indian scripts.
Last Answer : The ____________ enlist 64 Indian scripts. (a) Deepvamsa (b) Mahavamsa (c) Lalitvistar (d) Chullavamsa
Description : ____________ was the first woman to become a Buddhist nun in Sri Lanka.
Last Answer : ____________ was the first woman to become a Buddhist nun in Sri Lanka. (a) Sanghamitra (b) Anula (c) Anuradha (d) Tara
Description : ____________ is the Latin name of Iran.
Last Answer : ____________ is the Latin name of Iran. (a) Pars (b) Ariana (c) Susa (d) Persepolis
Description : The Iranian empire was established by ____________ of the Achaemenid dynasty.
Last Answer : The Iranian empire was established by ____________ of the Achaemenid dynasty. (a) Cyrus the Great (b) ... the Great (c) Daryush (d) Xerxes
Description : ____________ became the king of Macedonia.
Last Answer : ____________ became the king of Macedonia. (a) Daryush-I (b) Xerxes (c) Cyrus the Great (d) Alexander
Description : The ____________ also mentions trade by exchange, negotiations, and traders travelling far and wide to earn profits.
Last Answer : Choose the correct reason and complete the sentence: The ____________ also mentions trade by exchange, ... Samaveda (c) Yajurveda (d) Rigveda
Description : The ____________ is regarded as the text that is fundamental in development of Indian music.
Last Answer : The ____________ is regarded as the text that is fundamental in development of Indian music. (a) ... ) Samaveda (c) Yajurveda (d) Atharvaveda
Description : The verses in ____________ is known on ‘Rueha’.
Last Answer : The verses in ____________ is known on ‘Rueha’. (a) Samaveda (b) Rigveda (c) Atharvaveda (d) Yajurveda
Description : ____________ function implies compliance of various provisions of Acts applicable to the organization.
Last Answer : ____________ function implies compliance of various provisions of Acts applicable to the organization. (a) Financial (b) Statutory (c) Office
Description : In the year 1583, an Italian merchant ____________ came to Kochi, Kerala.
Last Answer : In the year 1583, an Italian merchant ____________ came to Kochi, Kerala. (a) Vasco da Gama (b) Filippo Sassetti (c) Albuquerque (d) Ferdinand
Description : ____________ was composed in India around 1500 B.C.E.
Last Answer : ____________ was composed in India around 1500 B.C.E. (a) Atharvaveda (b) Samaveda (c) Yajurveda (d) Rigveda
Description : ____________ mentioned as the Lord of Urvara.
Last Answer : ____________ mentioned as the Lord of Urvara. (a) Agni (b) Varun (c) Indra (d) Pushan
Description : ____________ means ability to adjust oneself to changing situation.
Last Answer : ____________ means ability to adjust oneself to changing situation. (a) Loyalty (b) Adaptability (c) Punctuality
Description : In fixed instalment system the amount of depreciation is ____________ every year.
Last Answer : In fixed instalment system the amount of depreciation is ____________ every year. (a) constant (b) fluctuating (c) increased (d) decreased
Description : A ____________ site was found at Lahuradeva in Sant Kabirnagar district of Uttar Pradesh.
Last Answer : Choose the correct alternative and write the complete sentence: A ____________ site was found at Lahuradeva ... (c) Neolithic (d) Chalcolithic
Description : in ____________ mesolithic man existed during 10000-4000 B.C.E.
Last Answer : Choose the correct alternative and write the complete sentence: in ____________ mesolithic man existed during ... (c) Bihar (d) Northeast India
Description : Pasting wet clay ribbons and making patterns on them is known as ____________ work.
Last Answer : Choose the correct alternative and write the complete sentence: Pasting wet clay ribbons and making patterns ... (c) apply (d) amalgamation
Description : Microliths were found in ____________ age.
Last Answer : Choose the correct alternative and write the complete sentence: Microliths were found in ____________ age ... (c) Mesolithic (d) Palaeolithic
Description : ____________ made the first stone tools.
Last Answer : Choose the correct alternative and write the complete sentence: ____________ made the first stone tools. (a ... (c) Homo habilis (d) Homo phones
Description : Total of Sales book is ____________ to sales account.
Last Answer : Total of Sales book is ____________ to sales account. (a) entered (b) moved (c) posted (d) given
Description : According to ____________ concept, assets are recorded at a price paid to acquire them.
Last Answer : According to ____________ concept, assets are recorded at a price paid to acquire them. (a) Cost ... measurement (c) Entity (d) Dual aspect
Description : According to ____________ convention, while preparing planning anticipate losses.
Last Answer : According to ____________ convention, while preparing planning anticipate losses. (a) Materiality (b) ... (c) Conservatism (d) disclosure