Which of the following shows daily balance for a selected voucher type

इंडियन गवर्नमेंट एग्जाम प्रेप

A Day book

B Trial Balance

C Balance Sheet

D None of the above

Correct Answer: A

Solution & Explanation

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.

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