Home / Aptitude Tests / Accounting / The journal has the ...

The journal has the following headings excep...

The journal has the following headings except

A.

Date

B.

Debit

C.

Discount

D.

Credit

View answer & explanation

Correct answer is C

The journal has debit, credit, date, particulars and folio. It is use to show narration in which the entries are posted to the ledgers.

See all Accounting questions & answers
See more JAMB questions & answers
Similar Questions

Which of the following is not a liability? ...

Determine the value of closing stock using the LIFO method ...

A private company is different from a public company because ...

Dividend proposed by a company is shown in its Balance Sheet as ...

The health department of Banjul Local Government incurred the following expenditure in 2020: ...

In bank reconciliation process, discrepancies cause by timing arises as a result of? ...

The use of three column cash book is determined by ...

A document sent by a bank to its current account customers detailing their transactions over a given...

Every economic unit, regardless of its legal form of existence, is treated as a separate entity from...

Five hundred naria monthly is allowed on an imprest system. The following transactions took place. ...

Aptitude Tests

Logical Reasoning Questions and Answers

Personality Test

Data Interpretation Questions and Answers

Abstract Reasoning Questions and Answers

Spatial Reasoning Questions and Answers

Typing Speed and Accuracy Test

Nigeria General Knowledge Questions and Answers

Verbal Reasoning Questions and Answers

Situational Judgement Questions and Answers

Puzzles Questions and Answers

Microsoft Office Questions and Answers

Quantitative Reasoning Questions and Answers

Numerical Reasoning Questions and Answers

See all →