aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Accounting (CA - CPT)
  • Posting in accounting means
Multiple choice

Posting in accounting means

  1. journalising

  2. writing the transaction in the ledger

  3. totalling

  4. balancing

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Correct; from journal entries, ledgers are written with transactions accountwise.

Keep practicing — related questions

  • After recording a transaction, data is then posted to what?
  • Process of recording in the ledger is known as
  • A customer deposits some money in his deposit account with the bank but forgets to provide complete particu...
  • A bank makes payment of two cheques on which, later it is found that the signatures of the drawer are forge...
  • Ram Kumar opened a savings bank account in State Bank on 4th January of a year and closed the account on 9t...
  • Consider the following statements: 1. An idea about the climate of a place is obtained from mean monthly va...
  • Which of the following things can be purchased from the post office before sending a letter? a. Inland lett...
  • X is appointed executor for the account of A. The account in the name of executor (or administrator) will b...
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Accounting Principles and Practices (2416 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy