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1st Grade

7 Qs

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Assessment

Quiz

Specialty

1st Grade

Hard

Created by

thúy triệu

Used 1+ times

FREE Resource

7 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

1. Ledger contains various ...................... in it.

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

2. The process of transfer of entries from Journal and special purpose books to ledger is called....

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

4. Ledger is a ...................... book of accounting system

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

3. Ledger is also called....

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

There are times when items will go (6) ……………… (DIRECT) to the general ledger without any

subledger posting.

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The general ledger is the core of a company‟s financial records. These constitute the central “books”

of your system, and every transaction (1). ……………… (FLOW) through the general ledger. These

records remain as a permanent track of the history of all financial transactions since day one of the life

of your company.

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

. Ledger provides detailed information about……………… and expenses