Question

Select the most appropriate alternative from the alternatives given below and rewrite
the statement.
1)
3
......... means explanation of the transactions recorded in the Journal.
a) Narration b) Journalising c) posting
d) Casting
.......... discount is not recorded in the books of accounts.
a) Trade
b) Cash
c) GST
d) VAT
Recording of transaction in Journal is called .....
a) posting b) journalising c) narration
d) prime entry
Every Journal entry require ......
a) casting
b) posting c) narration
d) journalising
The ......... column of the Journal is not recorded at the time of journalising.
a) date
b) particulars c) ledger folio d) amount
4)
5)​

Answer 1

hi mate

#NARRATION means explanation of the transactions recorded in the journal.

# TRADE discount is not recorded in the books of accounts.

# recording of transaction in journals is called JOURNALISING .

# every journal entry require POSTING.

# the LEDGER FOLIO column of journal is not recorded at the time of journalising .