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.
An advantage of FIFO method of stock valuation is that ...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...
Given: PTF Trial Balance [Extract] as at 31 December, 1999 Dr Cr N'000 N '000 Cash 2,0...
Branch stock adjustment account is prepared at? ...
In sales ledger control account, returns inwards is usually ...
Use the following information to answer the question \(\begin{array}{c|c} & Ade & Bola\\ &a...