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Ledger Folio columns are shown by: -

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Question

Ledger Folio columns are shown by:

Options

  • Receipts and Payments Account

  • Cash Book

  • Both Receipts and Payments Account and Cash Book

  • None of these

MCQ

Solution

Cash Book

Explanation:

Cash Book displays columns from the Ledger Folio.

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Preparation of Income and Expenditure Account
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