Journal - book of original entry - class-XI
Description: journal - book of original entry | |
Number of Questions: 36 | |
Created by: Anumati Koshy | |
Tags: business studies journal accounting and its terminology elements of accounts accountancy subsidiary books accounting in business original entry: journal and subsidiary books |
When a firm maintains a cash book, it need not maintain _______________.
The prime entry for the acquisition of a cash book, ledgers and a journal for Rs 240 from X Ltd. on credit would be in the:
The journal entry to account for the acquisition on credit of factory machinery from Millet plc should require which of the following:
An office equipment bought on credit would first be entered by the purchaser in the ________________.
Another name of journal is _____________.
Journal has _______ columns.
_______ is a book of account, in which all types of accounts relating to assets, liabilities, capital, expenses and revenues are maintained.
Credit sale of various assets or investments will be recorded in ____________.
_______ is a book in which all the business transactions are originally recorded in chronological order and from which then are posted to the ledger accounts at any convenient time.
Journal is book of _______________.
Goods Outward Journal is meant for recording all returns of goods _______________.
Opening, closing and adjustment entries are recorded in ____________.
When fixed assets or stationeries are purchased on credit, the entries are passed in the _____________.
Credit purchase of plant and machinery is recorded in which of the following specialized journals?
A subsidiary book which is used to record all those business transactions which do not find any place in the purchase book, sales book, return books, cash book, bills receivable and payable book, etc. is called journal proper..
Stock-in-trade also includes _____________.
Main object of preparing a 'Journal' is to __________.
Journal is book of _____________.
General Journal is a book of entries ______.
A journal entry in which two or more account is debited or credited is referred as ________.
Sales on credit is recorded in which of the following journal?
The other name of journal is ________.
Cash purchases is recorded in which of the following specialized journals?
Errors are corrected via the Journal because ____________________.
The reason for totaling at the end of the page of a journal is ______________.
Generally journal is kept in a ______________.
Cash received from debtor is recorded in which of the following specialized journals?
Sales and purchase journal don't record ___________.
Worn out assets on sale are recorded in __________.
In ledger J.F. denotes __________.
The following comments all relate to the recording process. Which of these statements is correct?
Transactions that a business doesn't record in any specialized journal are recorded in which journal or book?
Journal is a book of __________.
The process of recording a transaction in the journal is called __________.
XYZ company purchase an asset that turns out to be defective and was required to be sold as a worn out item. The entry will be made in _______________.
What will be journal entry when cash is withdrawn from bank for personal use?