Financial AccountingExercise- The Accounting Cycle

1. Which of the following particular/s is/are included in receipt voucher?

2. Details of individual accounts are kept in a separate register / ledger called

3. Which of the following is a FIRST product of accounting cycle?

4. In an account if credit side > debit side, the balance is known as

5. Which of the following is Not a part of General Ledger?

6. From all of the given options which of the following voucher is used to record transactions that do not affect bank & cash?

7. In which of the following all vouchers are first recorded___________.

8. Amount generated from sales in a business is called

9. All the statements are correct about Journal voucher EXCEPT

10. The process of transferring journal entry information to the ledger is called