Question
The process of recording transaction into journal is called ___________
✓
Answer
Journalising
Need a full question paper?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
Explore more
Similar questions
| Reasons | When Normal balance as per Cash Book is given Add /Less | When Normal balance as per Pass Book is given Add / Less | |||
| (1) | Interest credited in Pass Book only. |
| |||
| (2) | Bank paid Insurance premium as per standing Instructions but no record in cash book. |
| |||
| (3) | Cheque issued and dishonored. No record of Dishonoured in cash book. |
| |||
| (4) | Bank collected and credited dividend but no record in cash book. |
| |||
| (5) | NEFT received by bank on our account no record in cash book |
|
_______________ accounts are accounts of properties and assets.
A ____________ liability is an uncertain liability.
In ___________ small cash payment of expenses are recorded.
Discount received is recorded on ___________ side of cash book.
All expenses are recorded on the ___________ side of Cashbook.
Every Journal Entry requires ___________
Credit purchase of goods are recorded in ___________
Depreciation is ____________ to the business.
