General Ledger Revision

The General Ledger is divided into.____________Sections.

• ONE

• THREE

• TWO

• ONE AND A HALF

The section(s) in the General Ledger are called

• Bowling Sheet Section

• Nominal Accounts Section

• Balance Sheet Section

• Income and Expenses Section

Which group of accounts belong in the Balance Sheet Section?

• Assets/Expenses/Incomes/Liabilities

• Drawings/Assets/Capital/Liabilities

• Incomes/Drawings/Expenses/ Liabilities

• Liabilities/ Expenses/ Drawings/ Capital

For Balances at the beginning, the Balance Sheet Section gets

• Total b/d

• Bank b/d

• Balance b/d

• Total Receipts

Total b/d is written in details for

• Assets

  ONLY

• Liabilities

  ONLY

• Capital

  ONLY

• Incomes/Expenses

  ONLY

When posting fron the CRJ we write (a)   in details

When posting from the CPJ we write (a)   in details

The posting rule for the CRJ is

• DR Bank CR Rest

• CR Bank DR Rest

Incomes increase on the

• CR SIDE

• DR SIDE

EXPENSES INCREASE ON THE

• CR SIDE

• DR SIDE