The use of the folio in the ledger is for
...The use of the folio in the ledger is for
Referencing purposes
Particulars of the transaction
The account titles
Only credit items
Correct answer is A
The folio number is a way to reference a bookkeeping entry, most often numbered in chronological or sequential order.
An entry in a subsidiary book which does not form part of the double entry system is a ...
\(\begin{array}{c|c} & ₦\\ \hline \text{Balance as per cash book} & 8,000 Cr\\ \text{Unpre...
Which of the following items is a tangible asset? ...
Use the following to answer the given question \(\begin{array}{c|c} & N \\ \hline sales &am...
Use the following to answer the given question BALANCE SHEET: \(\begin{array}{c|c} & N &am...
Which of the following is not charged to Manufacturing Account? ...