Accountancy

Ledger

Journal

Trial balance

Balance sheet

Owner’s drawings a/c

Expenses a/c

Cash a/c

Capital a/c

Chronological record

Daily record

Analytical record

None of these

Balancing

Journalizing

Posting

None of these

Large side

Small side

Both A and B

None of these

Recording of a financial data relating to business transactions

The system in recording, classifying, summarizing data

Interpreting the data for the internal and external users

None of these

Sales journal

General journal

Cash receipt journal

None of these

Increase in asset account and decrease in liabilities

Increase in liabilities accounts and decrease in expense a/c

Increase in asset a/c and decrease in expenses account

Increase in income a/c and decrease in expense account

Transaction

Introduction

Meeting

Seminar

Posting

Journalizing

Entry

Recording