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General Ledger

Quiz by T.Alyaa

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3 questions
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  • Q1
    If the company purchased Equipment on account, this transaction posted to Accounts receivable general ledger in the Dr. side.
    True
    None
    False
    None
    30s
  • Q2
    If the company has cash balance BD4000 and paid to creditors BD1000, the balance of cash general ledger will decrease to BD3000
    None
    False
    True
    None
    30s
  • Q3
    General Ledger is the step that follows journal entries.
    False
    True
    None
    None
    30s

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