Home › CBSE Class 11 (Commerce) › Accountancy › Recording of Business Transactions › The first step in posting is to locate in the le…
The first step in posting is to locate in the ledger the:
AAccount to be debited
BTrial balance page
CBalance sheet date
DCash memo number
Answer & Solution
Correct answer: A. Account to be debited
Posting starts by finding the debited account in the ledger.
Related questions
Posting means grouping all transactions of a particular account:The title of a ledger account ends with the suffix:The journal folio column in a ledger account records the:Which accounts appear in the balance sheet?Which accounts are permanent accounts?Recording in the journal is called journalising, while recording in the ledger is:The basis of classification of data in the ledger is the:A sale within the state creates which GST liability accounts?