The process of transfer of entries from day book to ledgers is called _______________
A) Simple posting .
B) Journal posting .
C) Transaction .
D) Ledger posting
Correct Answer:
Verified
Q37: The expenses and incomes pertaining to full
Q38: Which of the following is an example
Q39: In the creditors control account, all of
Q40: Ledger contains various _ in it
A)Transactions .
B)Entries
Q41: Which of the following concepts assumes that
Q42: Which of the following is an example
Q43: Payment received from Debtor
A)Decreases the Total Assets
B)Increases
Q44: The _ in a ledger helps in
Q45: In which of the following statement opening
Q47: Goods returned from X is entered as
A)Debit
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