General ledger – MCQs

Which one of the following is known as the king of all books of accounts?

Transferring information from journal to ledger is known as:

Which of the following accounts is expected to have a debit balance?

A collection or group of all accounts of a business enterprise is known as:

An account having a credit balance in general ledger will be classified as:

The process of finding out the balance of a ledger account is known as:

The left hand side of a ledger account is known as:

The difference between the total of debit side and the total of credit side of a ledger account is known as:

If the total of debit side exceeds the total of credit side, the ledger account is said to have a:

In accounting, the abbreviation Dr. is used for:

If an account has a credit balance, it means

In accounting, the term credit is usually abbreviated as:

Which of following types of accounts normally have a credit balance?

If total of debit side is equal to the total of credit side of a ledger account, the account is said to have a

A non-zero balance of a ledger account represents:

Which of the following correctly represents the sequence of accounting cycle?

The book in which business transactions are recorded in classified form is:

The function of ledger is:

A separate record for each account is maintained in:

Sundry Debtors is the total of all balance on:

Double Entry Accounting System is successfully applied through:

The process of transferring data from journal to ledger is called:

Ledger is a book in which accounts are opened:

Ledger is also called:

Difference between two sides of an account is: