Question

5. Write the word, term, phrase, which can substituteeach of the following statement.1) Transfer of a Journal entry from Journal to ledger.2) Total of Debit side of an Alc is more than total ofCredit side of an Alc.3) Page number of ledger.4) A book of an account in which all ledger accountsare maintained.5) Left hand side of an account.6) Right hand side of an account.7) Types of accounts which are not balanced buttransferred to Trading A/c or Profit & Loss A/C.8) Bound book of accounts.9) An account where total of Purchases Book isposted.10) A statement of accounts prepared from thebalances of ledger account.​

Answer 1

Answer:

1. Posting

2. Loss

3. Ledger folio

4. Double accounts system

5. Debite side

6. Credit side