Back to the full dot-point answer
SingaporeAccountingQuick questions
Books of Prime Entry and Ledgers
Quick questions on Posting to the ledgers: N(A)-Level Principles of Accounts
4short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What are the three ledgers?Show answer
Cash and bank live in the cash book, which acts as their ledger.
What is q1?Show answer
State the ledger in which a credit supplier's account is kept. [1 mark]
What is q2?Show answer
The returns inwards journal total is \300$. State where the total is posted. [2 marks]
What is q3?Show answer
Explain one reason a business keeps customers in a separate sales ledger. [2 marks]
Have a question we have not covered?
This dot-point answer is short enough that we have not extracted many short questions yet. Read the full dot-point answer or ask Mo, our study assistant, in the chat for follow ups.