Question

1. J.F. means _______
a)Ledger page number b)Journal page number
c)Voucher number d)Order number
2. The amount brought into the business by the proprietor should be credited to ________
a)Cash A/c b)Drawings A/c c)Capital A/c d)Suspense A/c
3. The process of transferring the debit and credit items from Journal to ledger accounts is called ________
a)Casting b)Posting c)Journalising d)Balancing
4. Trial Balance is a _________
a)Statement b)Account c)Ledger d)Journal
5. A list which contains balances of accounts to know whether the Debit and credit balances are matched is called----------
a)Journal b)Day Book
c)Trial Balance d)Balance Sheet
6. The account which has a credit balance and is shown in the Credit column of the trial balance is ______
a)Drawings A/c b)Discount allowed A/c
c)Furniture A/c d)Bank Loan A/c
7. Trial Balance is prepared ________
a)At the end of the year b)On a particular date
c)For a year d)None of the above
8. The total of the sales book is posted periodically to the credit of____
a)Sales A/c b)Cash A/c
c)Purchases A/c d)Journal Proper
9. Purchase of fixed assets on credit basis is recorded in ------
a)Purchases Book b)Sales Book
c)Purchases return Book d)Journal Proper
10. Closing entries are recorded in _________
a)Cash Book b)Ledger
c)Journal Proper d)Purchases Book

Answer 1

Answer:

1) order number

2) Cash A/c

3) Balancing

4) Account

5) Day book

6) Bank loan A/c

7) None of the above

8) Sales A/c

9) Sales book

10) Journal proper

I hope answer is helpful to us

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Answer 2

Answer:

1) JOURNAL PAGE NUMBER

2)CAPITAL

3)POSTING

4) LEDGER

5)JOURNAL

6) DRAWINGS

7)AT THE END OF THE YEAR

8)SALES A/C

9)PURCHASE BOOK

10)LEDGER