1111. The specimen ruling of a journal is divided into :

A. Three columns
B. Five columns *
C. Six columns
D. Two columns

1112. In form of journal, the first column represent :

A. Ledger Folio (F.O)
B. Date *
C. Amount
D. Debit

1113. The particular column in journal form is the column for :

A. Account title and description *
B. Account title and date
C. Amount
D. Date

1114. Accounting to the journalizing rule, the page numbers of the ledger where the two concerned accounts have been posted are written in :

A. The first column of journal form
B. The second column of journal form
C. The journal format’s third column *
D. The forth column of journal form

1115. Recording a transaction in the appropriate place of the concerned book of account is called :

A. An accounting record
B. A statement
C. An entry *
D. None of the above

1116. A short clarification of every exchange is composed under every passage which is called :

A. Narration *
B. Original entry
C. Subsidiary entry
D. Memorandum entry

1117. The complete story of a transaction in one entry is shown by :

A. Voucher book
B. Journal *
C. Document
D. Day book

1118. With the assistance of: it is simple to identify any error in the ledger.

A. Journal *
B. Balance sheet
C. Trial balance
D. Financial statement

1119. The entry in which more than one account is debited or more than one account is credited is known as :

A. Single entry
B. Compound entry *
C. Memorandum entry
D. None of the above

1120. The money with which proprietor starts his business ,is called :

A. Investment
B. Capital *
C. Cash
D. Loan