Question

Select appropriate alternatives from those given below and rewrite the sentences.

1) In case of a credit transaction one of the account must be ac
c ount
a) Cash b ) Credit
c) Personal
d) Debit

2) 'c/d' indicates ..............balance.
a) Opening b) Closing c) Positive
d) Negative

3)............... Column of ledger is used for writing page number of Journal
a) J.F.
b) L.F.
c) Date
d) Particulars

4) Debtors Account shows ..........balance.
a) Real
b) Negative c) Credit
d) Debit

5)...........is the process of deriving the difference between totals of the debit and credit
side of each ledger a/c.
a) Totalling b) Journalizing c) Balancing d) Posting

6)Total of Purchase book is..............to Purchase Account.
a) posted b) moved c) given
d) entered.

7)Real account always shows.............. balance.
a) minimum b) maximum c) debit
d) credit

8).............. is prepared to test arithmetical accuracy of Books of Accounts.
a) Trial Balance b) Ledger c) Journal
d) List​

Answer 1

Answer:

1q

Explanation:

first question answer is credit

Answer 2

first answer is credit