Available Answers

1. 1.

   Define Journal.

2. 2.

   What do you understand by Ledger?

3. 3.

   Is Cash Book a Journal or a Ledger?

4. 4.

   What is a Petty Cash Book?

5. 5.

   "A Trial Balance is merely a proof of arithmetical accuracy." Comment.

6. 6.

   Define Trial Balance.