Gagansohal Gagansohal
  • 03-08-2020
  • Engineering
contestada

Transaction are posted into ledger account from a) voucher b) journal book c) bank statement d) none of these

Respuesta :

raphealnwobi
raphealnwobi raphealnwobi
  • 08-08-2020

Answer:

b) journal book

Explanation:

A ledger is an account for recording balance sheet and income statement transaction entries like cash, investments, inventory and so on.

Before a transaction is posted into the ledger account after an accounting cycle, it is first written in the journal book, before it is then posted in the ledger account. The process of posting refers to the transferring of entries from the journal book to the ledger.

Answer Link

Otras preguntas

how much does 400 go into 10
List name three characteristics of scientists that are important to their work but also found in nonscience
Katie said "Negative numbers are intergers". What was her error
what are mnemonic devices
What times what equals 15
Sasha has 4 quarters in her pocket. She has 6 times as many quarters in her piggy bank. How many quarters does she have in her piggy bank ?
in the number 3,333 the first 3 is in the thousands place its value is.
Which statement best describes the relationship between Byron and the two romantic poets Samuel Taylor Coleridge and William Wordsworth? A. They were close frie
Twice the quantity y minus 8
Nena thinks that because 4<6, it must also be true that 1/4<1\6. Explain to nena why this is incorrect