Question :
A) Trial Balance
B) Day book
C) Balance Sheet
D) None of the above
Answer : B
________ gives the balance for each day for the voucher type has been selected.
A) Trial Balance
B) Day book
C) Balance Sheet
D) None of the above
Answer : B
Description :
The Day Book lists all transactions made in a particular day and by default displays the last voucher entry date of a regular voucher. It could also be set up to list all the transactions made over a certain period. Transactions include all financial vouchers, reversing and memorandum journals as well as inventory vouchers.
Related Questions - 1
A ________ serves the purpose of both journal and ledger accounts
A) Journal proper
B) Purchase day book
C) Cash book
D) Any of the above
Related Questions - 2
Which of the following equation is true for balance sheet
A) Assets = Liabilities + Capital
B) Liabilities = Assets + Capital
C) Capital = Assets + Liabilities
D) All of these
Related Questions - 3
Which option lists inventory valuation method in tally
A) Stock report
B) Stock journal
C) Stock analysis
D) Stock summary
Related Questions - 4
Related Questions - 5
Which account is the odd one
A) Furniture
B) Land and buildings
C) Stock of raw materials
D) Plant and machinery