Page 1 - Home Assignment
P. 1

CLASS – XI

                                                      ACCOUNTANCY

                                               HOME ASSIGNMENT – LEDGER

               1)  Ledger is a principal book in which?


               (a) Only real account is kept


               (b) Only personal accounts are kept

               (c) All accounts are kept


               (d) Only nominal accounts are kept


               02. The left-hand side of account is referred to as?


               (a) The Balance


               (b) A Debit

               (c) A Credit


               (d) A footing


               3. Excess of debit side over credit side is called?


               (a) Debit Balance


               (b) Credit Balance


               (c) Liability Accounts

               (d) All of before


               04. Which item will appear on the credit side of ledger account?


               (a) Cash received


               (b) Purchases

               (c) Discount received


               (d) Rent Expenses
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