A transaction is recorded on the same day it take place so journal is also called ___________.
a.
An entry book
b.
Ledger book
c.
all the above
d.
None of the above
Answers
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Answer:
I think D is the correct answer because ryt answer is day book..
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Option D is correct none of the above.
Day Book is the correct answer as the transaction is recorded on the same day it take place so journal is called day book.
Option A is wrong i.e. Entry Book as we record all the transaction of the year, daily transaction are not recorded in this.
Option B is wrong i.e. Ledger Book because after journalising each transaction ledgers are prepared and then ledger book is prepared.
Option C is wrong as when option A and B are wrong so all of the above can not be correct.
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