NettetLedger Accounts Class 11. Ledger- “Book or register which contains, in a summarized and classified form, a permanent record of all transactions.”. When the journal entries … Nettet29. nov. 2024 · GSEB Class 11 Accounts Ledger Posting Text Book Questions and Answers Question 1. Write the correct option from those given below each question: 1. What is called a ‘King of Books’? (a) Journal book (b) Journal proper book (c) Ledger book (d) Book for noting of transactions Answer: (c) Ledger book 2. Which book is called the …
What is Journal in Accounting - Commerce Aspirant - Arinjay …
Nettet2. feb. 2024 · Bookkeeping and Accountancy 11th Notes 11th Class Accounts Notes. Book Keeping & Accountancy Notes 11th Bookkeeping and Accountancy 11th Notes. Chapter 1 Introduction to Book Keeping and Accountancy Notes; Chapter 2 Meaning and Fundamentals of Double Entry Book-Keeping Notes; Chapter 3 Journal Notes; Chapter … NettetThe 7th chapter of our accounting learning course is “Ledger”. In this article, we’ll learn the 30 most important accounting ledger questions and their answers. ... Question 11: What is Narration? Answer: The narration is the detailed explanation provided below each entry in the journal. Question 12: ... tsukishima older brother
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Nettet9. apr. 2024 · Meaning and Features of Ledger. All the Accounts recognized based on transactions recorded in different journals will be opened and maintained in a separate … Nettet24. aug. 2024 · Maharashtra State Board 11th Accounts Notes Chapter 4 Ledger Meaning And Definition of Ledger- (i) Meaning : Ledger is another important and principal book of accounts in which a businessman keeps individual records of persons, properties, expenses, incomes, gains and losses. It is the end point of entries made in the journal, … NettetA Journal is a record of financial transactions in chronological (date-wise, starting from the earliest to the latest date) order. Journal is also known as Book of Original Entry. Journal Entries for Class 11. Given that there are various types of transactions, like purchases, sales etc, depending on the number of transactions, a business can ... phl to orlando american airlines