Advertisements
Advertisements
प्रश्न
State whether the following statement is True or False with reasons.
Narration is not required for each and every entry.
पर्याय
True
False
उत्तर
This statement is False.
Narration is nothing but brief explanation of entry/transaction, based on that one Can pass journal entry. Therefore, narration is required for each and every entry.
APPEARS IN
संबंधित प्रश्न
Select the most appropriate alternative from the alternatives given below and rewrite the statement.
_________ discount is not recorded in the books of accounts.
Select the most appropriate alternative from the alternatives given below and rewrite the statement.
The ______ column of the Journal is not recorded at the time of journalising
Select the most appropriate alternative from the alternatives given below and rewrite the statement.
Goods sold on credit should be debited to _________.
Select the most appropriate alternative from the alternatives given below and rewrite the statement.
Wages paid for installation of Machinery should be debited to _________
Select the most appropriate alternative from the alternatives given below and rewrite the statement.
The commission paid to the agent should be debited to _________
Select the most appropriate alternative from the alternatives given below and rewrite the statement.
Loan taken from Dena Bank should be credited to ________
Select the most appropriate alternative from the alternatives given below and rewrite the statement.
Purchase of animals for cash should be debited to ________
State whether the following statement is True or False with reasons.
A journal voucher is must for all transactions recorded in the journal.
State whether the following statement is True or False with reasons.
Cash discount allowed should be debited to discount A/c.
State whether the following statement is True or False with reasons.
Goods lost by theft is debited to goods A/c.
State whether the following statement is True or False with reasons.
If rent is paid to landlord, landlord's A/c should be debited.
State whether the following statement is True or False with reasons.
Book Keeping records monetary and non-monetory transactions
Do you agree or disagree with following statement:
Narration is required for every entry.
Do you agree or disagree with following statement:
Wages paid for installation of Machinery is debited to Wages Account.
Do you agree or disagree with following statement:
The process of entering or recording the transactions in a Journal is called as Journalising.
