JOURNAL

Journal records the transactions of the form in a.....

• Periodical manner

• Chronological order

• Summarised manner

• Systematic order

A journal is known as a book of (a)   entry

A sale of goods to Ram for cash is debited to

• (a) Ram

• (b) Cash

• (c) Sales

• (d) None of these

A withdrawal of cash from business by the proprietor is credited to

• (a) Drawings A/c

• (b) Capital A/c

• (c) Cash A/c

• (d) None of these

Nominal accounts are related to ?

• (a) assets and liabilities

• (b) expenses and incomes

• (c) customers and creditors

• (d) none of these

The rule for personal account is ________ the receiver and _______ the giver.

(a)  

Sale of goods to X will be debited to ?

• (a) cash a/c

• (b) sales a/c

• (c) X a/c

• (d) none of these

The .......... Column of the Journal is not recorded at the time of Journalising.

• Date

• Particulars

• Ledger Folio

• Amount

The basic rule of book-keeping, "Debit the Receiver and Credit The Giver"is applicable to:

• Personal A/c

• Real A/c

• Nominal A/c

• Valuation A/c

Real Account are related to:

• Assets

• Customer

• Expenses

• None