Sales ledger contains accounts of
A) Suppliers
B) Customers
C) Total sales
D) All the above
Correct Answer:
Verified
Q24: Petty cash book is prepaid under _
Q25: Special journal is also called
A)Journal proper
B)Subsidiary books
C)Original
Q26: Gross assets - liabilities will be equal
Q27: Purchase ledger contains the accounts of
A)Debtors
B)Creditors
C)Total purchase
D)All
Q28: Allowance made for prompt payment is called
A)Cash
Q30: Credit note is sent by
A)Seller
B)Customer
C)Buyer
D)Borrower
Q31: Total sales book indicates
A)Total credit sales
B)Total cash
Q32: Total sales made during a year is
Q33: Sales return account is a _ account
A)Personal
B)Nominal
C)Real
D)Current
Q34: Debit note is prepared in connection with
A)Sales
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