Ledger

After recording in the journal, transactions are next transferred to:

Ledger is the collection of accounts of:

Throughout the accounting period, balances of which group of accounts usually remain at the beginning?

Without a ledger, total purchase from credit purchase journal and cash purchase from cash book is:

Each account in a ledger is given a:

Ledger is prepared in which two formats?

Which book acts as a helping book in preparing the ledger?

At the time of recording into the ledger, what is mentioned from the journal?

Trial Balance is prepared with the:

The arithmetical accuracy of accounting activity is verified through the:

In the ledger, balance of each account is identified:

Ledger contains accounts related to:

At the end of accounting period, which item is calculated for each ledger account?

Which of the following is an asset account in the ledger?

Which of the following is a liability account in the ledger?

Which of the following is an equity account?

Which of the following is a revenue account?

Which of the following is an expense account?

Apprenticeship Premium is classified under:

Unearned Revenue is classified under:

Ledger arranges transactions properly in a sequence to:

From the ledger, a user can obtain idea about the total amount of:

The balances of ledger are used for the purpose of preparing:

Through the trial balance prepared from ledger balances, what is confirmed?

"Ledger is the king of all books of accounts" — the statement implies its:

Compared to journal, ledger is:

From which source can one get an idea about a business's total revenues, expenses, assets and liabilities?

Users can easily access desired information from the ledger because transactions are arranged:

Journal and ledger are two steps of the:

Keeping a journal is:

Keeping a ledger is:

The ledger reflects the financial results and:

In a journal only the debit and credit side of transaction is identified, whereas in a ledger:

Journal acts as a supplementary book for preparing the:

Which book records transactions chronologically with explanation?

Which book groups transactions account-wise?

The primary book of accounts is:

The principal/permanent book of accounts is:

The process of transferring debit and credit entries from journal to ledger is called:

If purchase account is debited in the journal, it is posted to:

In the particulars column of a debited posting, which name is mentioned?

Cash account is credited in journal — it is posted to:

For posting "Goods purchased for cash Tk.5,000", purchase account debit side particulars will read:

For the same transaction, cash account credit side particulars will read:

The debit side posting of an account in a ledger is recorded in the name of its:

Posting helps identify which account caused the debit or credit by:

In ledger posting, J/F column shows:

Balancing means ascertaining the difference between:

In preparing a ledger, the first step is posting and the next step is:

The debit and credit side summation of an account must be:

The higher of the two side totals is recorded:

Underneath the summation of each side, the account is closed by drawing:

The balancing figure that makes both sides equal is headed as:

C/D stands for:

B/D stands for:

C/F stands for:

B/F stands for:

Balance C/D at the end of a period will be posted to which side at the beginning of the next period as Balance B/D?

If the debit total is higher than credit total, the balance is:

If the credit total is higher than debit total, the balance is:

The closing balance of the worked example cash account is:

Where is the Balance B/D recorded for the cash account next period?

The cash account balance C/D was recorded on which date?

When the debit posting equals the credit posting, the balance is:

An account whose debit and credit are equal so balance is zero is called a:

For a balanced account, C/D or B/D is:

The closing balance of the Activity cash account equals:

The Activity cash account balance is on the:

In the continuing balance format, balance of an account is calculated:

Continuing balance method has separate columns for:

Debit posting on a debit balance account causes the balance to:

Credit posting on a debit balance account causes the balance to:

Credit posting on a credit balance account causes the balance to:

Debit posting on a credit balance account causes the balance to:

In continuing balance method, the total of debit and credit posting columns:

As a result of following the continuing balance format in ledger preparation:

The final balance of the Bank Account Activity equals:

After July 8 in the Bank Account Activity, the running balance equals:

After July 10 in the Bank Account Activity, the running balance equals:

C/D or C/F is ascertained at the end of a certain time and recorded as B/D or B/F to the:

Normal balance of an asset account is:

Normal balance of a liability account is:

Normal balance of an equity account is:

Normal balance of a revenue account is:

Normal balance of an expense account is:

Cash account normally shows which balance?

Salaries Expense account always shows which balance?

Sales account normally shows which balance?

Capital account normally shows which balance?

A debit balance in the ledger indicates:

A credit balance in the ledger may indicate:

Drawings account normally shows which balance?

Accounts Payable normally shows which balance?

Accounts Receivable normally shows which balance?

Loan account normally shows which balance?

Purchase Return account normally shows which balance?

Sales Return account normally shows which balance?

Bank account (deposit balance) normally shows which balance?

Furniture account normally shows which balance?

Unearned Revenue normally shows which balance?

Shahin Traders started business on 1 March 2025 with capital of:

Furniture purchased on March 2 for cash equals:

Goods purchased on credit on March 3 equals:

Goods sold for cash on March 5 equals:

Purchase returned on March 8 equals:

Cash paid to Accounts Payable on March 12 equals:

Bank account opened on March 18 with deposit of:

Cheque received from sales on March 22 equals:

Goods purchased from Shafiq by cheque on March 25 equals:

Salaries paid on March 28 equals:

Total of journal debit and credit equals:

Cash account closing balance C/D for Shahin Traders equals:

Cash account total (each side) equals:

Capital account closing balance C/D equals:

Furniture account closing balance C/D equals:

Purchase account closing balance C/D equals:

Accounts Payable closing balance C/D equals:

Sales account closing balance C/D equals:

Purchase Return account closing balance C/D equals:

Bank account closing balance C/D equals:

Salaries account closing balance C/D equals:

In the continuing balance cash account of Shahin Traders, the running balance after March 5 equals:

The cash running balance of Shahin Traders after March 12 equals:

The cash running balance of Shahin Traders after March 18 equals:

The running bank balance of Shahin Traders after March 25 equals:

The Accounts Payable continuing balance of Shahin Traders after March 12 equals:

Cash account, Capital account, Sales account, Purchase account etc. are kept in the:

The separate ledger prepared for each Accounts Receivable and Accounts Payable is called:

Among general ledger accounts, which two are also known as Control Accounts?

Accounts Receivable and Accounts Payable are control accounts because:

Subsidiary ledger contains an individual account for each:

The accounts related to the subsidiary ledger are:

Posting to the subsidiary ledger from special journal is made:

Posting to the general ledger from special journal is made:

Through subsidiary ledger, which information can be ascertained easily?

The Purchase Journal records:

From the Purchase Journal, the total at month end is posted to:

Momotaj Enterprise's Purchase Journal total for June 2025 equals:

In Momotaj Enterprise, Rajib Stores credit purchase amount equals:

Rakhi Traders subsidiary ledger balance equals:

Haider Enterprise subsidiary ledger balance equals:

The Sales Journal records:

From the Sales Journal, the total at month end is posted to:

Shahjahan and Sons' Sales Journal total for August 2025 equals:

Kajol Enterprise subsidiary ledger debit balance equals:

Monika Enterprise subsidiary ledger debit balance equals:

Bimol Brothers subsidiary ledger debit balance equals:

Purchase Return Journal records goods returned to:

From the Purchase Return Journal, the total is posted to:

Bakshi Electronic Store's Purchase Return Journal total equals:

Sayed and Brothers Purchase Return subsidiary balance equals:

Bakkar and Sons Purchase Return subsidiary balance equals:

Babu Enterprise Purchase Return subsidiary balance equals:

Sales Return Journal records goods returned by:

From the Sales Return Journal, the total is posted to:

Alom Trader's Sales Return Journal total equals:

Rashed and Co. Sales Return subsidiary balance equals:

Parvez Stores Sales Return subsidiary balance equals:

Runa Enterprise Sales Return subsidiary balance equals:

Opening capital of Rakib Traders equals:

Goods sold for cash on July 2 equals:

Furniture purchased on July 3 equals:

Cash deposited into Bank on July 5 equals:

Goods purchased on July 10 equals:

Drawings on July 15 equals:

Salaries paid on July 20 equals:

Cash account closing balance for Rakib Traders equals:

Purchase account closing balance for Rakib Traders equals:

Capital account closing balance for Rakib Traders equals:

Sales account closing balance for Rakib Traders equals:

Furniture account closing balance for Rakib Traders equals:

Bank account closing balance for Rakib Traders equals:

Drawings account closing balance for Rakib Traders equals:

Salaries account closing balance for Rakib Traders equals:

Trial balance total of Rakib Traders equals:

The equality of trial balance total debit and credit confirms:

The ledger is considered as:

For the preparation of a ledger:

What is prepared using the balances of the ledger?

The closing balance of the textbook Cash Account equals:

The general journal entry for the June 13 Furniture transaction in the Cash Account is:

From the Cash Account, total cash received during June equals:

From the Cash Account, total cash paid during June equals:

Closing cash in hand from the Cash Account equals:

From the textbook cash account question 14, which statements are correct?

Opening capital of Niramoy Pharma equals:

The journal entry for Niramoy Pharma's Jan 3 credit purchase from Jahan Drugs is:

The journal entry for Niramoy Pharma's Jan 18 return to Jahan Drugs is:

The journal entry for Niramoy Pharma's Jan 27 cash sale is:

Niramoy Pharma's Accounts Payable (Jahan Drugs) closing balance equals:

Net invoice amount for the rice Arman Traders bought from Farhan & Brothers equals:

Net invoice amount for the lentils Arman Traders bought from Irfan Traders equals:

Debit note amount for the rice Arman returned to Farhan equals:

Debit note amount for the lentils Arman returned to Irfan equals:

In Mamun Enterprise Cash Account (B/D 20,000; Jan 17 Sales 17,000) — debit total equals:

Barua Nursery purchased plants from Rahim & Sons Tk.25,000 on credit. Journal entry is:

Barua Nursery cash sale to Rashed & Co. Tk.37,000 — journal entry is:

Net amount of Sobuj Enterprise's invoice equals:

Cash discount to Haji Bastraloy for paying Sobuj's invoice within the discount period equals:

Final amount payable by Haji Bastraloy on March 25 within the discount period equals: