Question

IV. State whether the following statements are True o
False :
1. Closing stock appears outside the trial balance.
2.
Cash and credit purchases are entered in purchas
Book.
3. Cash sales are entered in sales journal.
4.
Trial balance helps to check the principles o
Double Entry System.
5. Ledger is a subsidiary book.
Ənon.
ordered​

Answer 1

Answer:

1 True

2 False

3. False

4 false

5. False