The use of the folio in the ledger is for
...The use of the folio in the ledger is for
Referencing purposes
Particulars of the transaction
The account titles
Only credit items
Correct answer is A
The folio number is a way to reference a bookkeeping entry, most often numbered in chronological or sequential order.
If the opening stock is 5% of sales. calculate the purchases ...
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Use the information below to answer this question. \(\begin{array}{c|c} \text{Raw materials jan.}...
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State Bank collected a note for A-Makura Company. This collection, not yet recorded in AL-Makura'...