The process of transferring the debit and credit items from journal to ledger accounts is called ……………..

JF means ……………..

The process of finding the net amount from the totals of debit and credit columns in a ledger is known as ……………..

If the total of the debit side of an account exceeds the total of its credit side, it means

The trial balance contains the balances of ………………

A list which contains balances of accounts to know whether the debit and credit balances are matched is ………………

Which of the following method(s) can be used for preparing trial balance?

The account which has a debit balance and is shown in the debit column of the trial balance is ………………

The difference of totals of both debit and credit side of trial balance is transferred to ………………

Purchases of fixed assets on credit basis is recorded in ……………..

The source document or voucher used for recording entries in sales book is ……………..

Which of the following statements is not true?

Closing entries are recorded in ……………..

__________ is used for credit purchases and credit sales

________ is prepared in three copies.

_________ is prepared in duplicate and the original is sent to the seller.

A debit note is called as ________

______ is a statement prepared by the seller who receives back from his customer the goods sold .

________ is a negotiable instrument.