Quiz on Ledger
#1. Wages A/c is transferred to …………….. A/c.
#2. Left hand side of an account is called …………
#3. Ledger is known as the book of original entry
#4. Goods distributed on free samples will be debited to ………………….. A/c
#5. when the total of debit side of an A/c.exceeds credit side, it is called ……………………. Balance.
#6. …………….. column of ledger is used for writing page number of Journal.
#7. Real account always shows …………… balance.
#8. Debtors A/c shows ……………………. balance.
#9. ………………. is a process of deriving the difference between the totals of the debit and credit side of each ledger account.
#10. All entries are posted from Journal to ……………
#11. ………………. is prepared to test arithmetical accuracy of Books of Accounts
#12. In case of a credit transaction one of the account must be a …………….. account.
#13. ………. is not a book of original entry.
#14. Machinery A/c. shows ……………………. balance.
#15. Narration is not necessary in Ledger
#16. ……….. is prepared from the balances in ledger accounts.
#17. Recording of an entry from Journal to ledger is called as ………….
#18. Total of Purchase Book is ………………. to purchase Account.
#19. ‘c/d’ indicates …………….. balance.
#20. ……………… serves the purpose of both Journal as well as Ledger.
Results
