A general journal contains?
...A general journal contains?
Date, narration, folio, debit, and purchases
Date, narration, folio, debit and purchase
Folio, credit, date, debit and sales
Debit, credit, narration, and date
Correct answer is D
The general ledger contains the date of the transaction, a description of the details of the transactions, the debit column that shows all the debit entries, the credit column that records all the credit entries of the account.
Hence we have; date, description, debit, and credit column
The entries to record goods bought for cash are: debit ...
The principle of double entry bookkeeping states that ...
In the operation of an imprest of petty cash, the ...
The accounts maintained in the nominal ledger are ...
The summary of receipts and payments account represent? ...
Which of the following is used to record the purchase of fixed asset on credit? ...