The major feature of a journal is that it has
...The major feature of a journal is that it has
Five columns, date, particulars, folio, debit and credit
Three columns, date, particulars, folio and amount
Six columns, date. particulars, folio, amount debit and credit
Four columns, date, particulars, folio and amount
Correct answer is A
A typical journal entry usually has four columns: the date of the transaction, the particulars, and columns for the debits and credits.
Sometimes, the folio column can be included, but is it not a compulsory requirement.
The principal of double entry book-keeping is that ...
Which of the following is an example of factory overheads? ...
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Given: Prime cost N220,000 Factory cost N32,000 Work in progress at beginning N25,000 Work in pr...
The statement of assets and liabilities in the public sector can be described as the? ...
Given: N6 000 10% preference shares of N0.50 each N6 000 ordinary shares of N1 each Capital res...
Dairo and Segun are in partnership sharing profits and losses in the ratio 2:3 respec...
Which of the following is credited to the consolidated revenue fund? ...