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Ledger

Which of the following is the closing balance of a ledger account?

A. Balance c/d
B. Balance b/d
C. Balance e/d
D. Balance f/c

Categories Accounting Mcqs, Ledger Leave a comment

Posting is the process of…………?

A. Posting the letters in drop box
B. Posting suitable person to a suitable job
C. Entering in the ledger the information contained in the ledger
D. All the three

Categories Accounting Mcqs, Ledger Leave a comment

A book wherein various accounts are opened is called…………?

A. Subsidiary books
B. Journal
C. Ledger
D. Trial Balance

Categories Accounting Mcqs, Ledger Leave a comment
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