General ledger – MCQs

Your answer is incorrect. The correct answer is “ledger” (option 3).

Your answer is incorrect. The correct answer is “posting” (option 2).

Your answer is incorrect. The correct answer is “all of the above” (option 4).

Your answer is incorrect. The correct answer is “ledger” (option 1).

Your answer is incorrect. The correct answer is “a liability account” (option 3).

Your answer is incorrect. The correct answer is “balancing” (option 4).

Your answer is incorrect. The correct answer is “debit side” (option 2).

Your answer is incorrect. The correct answer is “balance” (option 3).

Your answer is incorrect. The correct answer is ” debit balance” (option 1).

Your answer is incorrect. The correct answer is “debit side of ledger account” (option 4).

Your answer is incorrect. The correct answer is “total of credit side exceeds the total of debit side” (option 3).

Your answer is incorrect. The correct answer is “Cr.” (option 4).

Your answer is incorrect. The correct answer is “income, liabilities, capital” (option 2).

Your answer is incorrect. The correct answer is “zero balance” (option 4).

Your answer is incorrect. The correct answer is “increase or decrease in account” (option 3).

Your answer is incorrect. The correct answer is “transaction analysis > journal entry > ledger account” (option 2).