The process of transfer of entries from day book to ledger is called as

Related MCQs

• The source document or voucher used for recording entries in Sales Book is
• From the following details ascertain the adjusted bank balance as per Cash Book – overdraft as per Cash Book 1,60,000; cheque received entered twice in the Cash Book 10,000; credit side of bank column cash short by 1,000; bank charges amounting to 400 entered twice:
• M/s. A.B. Enterprises has bank balance 8,800 as per cash book and the followings were found: (a) Three cheques deposited in bank for 5,800 but only one cheque for 2,000 was cleared. (b) Dividend collected by Bank 1,250 was wrongly entered in cash book as 1,520. What is balance as per pass book?
• Writing of the transactions in the ledger is called……………………
• ___________________does fulfill the function of both a journal and a ledger.
• Ledger contains various _______ in it.
• Which of the following lists the balance and the title of accounts in the ledger on a given date?
• In the ledger there are …………………….. columns.
• Goods bought for 25,000 passed through sales day book will result in
• The periodical total of Returns Inward Day Book is posted to 5