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