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MCQ - Ledger Notes | Study Principles and Practice of Accounting - CA Foundation
Document Description: MCQ - Ledger for CA Foundation 2022 is part of Ch 2 - Accounting Process for Principles and Practice of Accounting preparation. The notes and questions for MCQ - Ledger have been prepared according to the CA Foundation exam syllabus. Information about MCQ - Ledger covers topics like and MCQ - Ledger Example, for CA Foundation 2022 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for MCQ - Ledger.
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Page 1 CA-CPT Fundamentals of Accounts Chapter 2 Unit-2 By CA. SK Chhabra Page 2 CA-CPT Fundamentals of Accounts Chapter 2 Unit-2 By CA. SK Chhabra Multiple choice Questions Page 3 CA-CPT Fundamentals of Accounts Chapter 2 Unit-2 By CA. SK Chhabra Multiple choice Questions The process of transferring the debit and credit items from a Journal to their respective accounts in the ledger is termed as • (a) Posting • (b) Purchase • (c) Balancing of an account • (d) Arithmetically accuracy test Answer: (a) Page 4 CA-CPT Fundamentals of Accounts Chapter 2 Unit-2 By CA. SK Chhabra Multiple choice Questions The process of transferring the debit and credit items from a Journal to their respective accounts in the ledger is termed as • (a) Posting • (b) Purchase • (c) Balancing of an account • (d) Arithmetically accuracy test Answer: (a) The technique of finding the net balance of an account after considering the totals of both debits and credits appearing in the account is known as • (a) Posting • (b) Purchase • (c) Balancing of an account • (d) Arithmetically accuracy test. Answer: (c) Page 5 CA-CPT Fundamentals of Accounts Chapter 2 Unit-2 By CA. SK Chhabra Multiple choice Questions The process of transferring the debit and credit items from a Journal to their respective accounts in the ledger is termed as • (a) Posting • (b) Purchase • (c) Balancing of an account • (d) Arithmetically accuracy test Answer: (a) The technique of finding the net balance of an account after considering the totals of both debits and credits appearing in the account is known as • (a) Posting • (b) Purchase • (c) Balancing of an account • (d) Arithmetically accuracy test. Answer: (c) Journal and ledger records transactions in • (a) A chronological order and analytical order respectively. • (b) An analytical order and chronological order respectively. • (c) A chronological order only • (d) An analytical order only Answer: (a)Read More
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MCQ - Ledger is the part of Ch 2 - Accounting Process for CA Foundation 2022 exam preparation. The content of MCQ - Ledger has been prepared for learning according to the CA Foundation exam syllabus. MCQ - Ledger covers topics like for CA Foundation 2022 Exam. Find important questions,notes, tests & features of MCQ - Ledger in this document.
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