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Quiz
•
Specialty
•
1st Grade
•
Practice Problem
•
Hard
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7 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
1. Ledger contains various ...................... in it.
2.
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1 min • 1 pt
2. The process of transfer of entries from Journal and special purpose books to ledger is called....
3.
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1 min • 1 pt
4. Ledger is a ...................... book of accounting system
4.
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1 min • 1 pt
3. Ledger is also called....
5.
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1 min • 1 pt
There are times when items will go (6) ……………… (DIRECT) to the general ledger without any
subledger posting.
6.
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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.
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1 min • 1 pt
. Ledger provides detailed information about……………… and expenses
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