Journal – NBC Institute

FA – Nov 2015 – L1 – SA – Q2 – Correction of Errors

Identifies the correct process for correcting errors in the ledger.

Question

When errors occur in the ledger, it can only be corrected through the:
A. Journal
B. Sales Day Book
C. Purchase Day Book
D. Control Account
E. General Ledger

Answer

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Tags: Error Corrections, General Ledger, Journal
Level: Level 1

Series: NOV 2015

FA – Mar/July 2020 – L1 – SB – Q2c – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Listing six uses of the journal in accounting.

Question

List SIX uses of the journal.

Answer

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Tags: Accounting, Journal, Uses of Journal
Level: Level 1

FA – Mar/July 2020 – L1 – SB – Q2b – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Definition of books of prime entry and examples maintained by entities.

Question

Define books of prime entry and list FOUR books of prime entry that could be maintained by an entity. (4 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Books of Prime Entry, Cash Book, Journal
Level: Level 1

FA – Nov 2015 – L1 – SA – Q2 – Correction of Errors

Identifies the correct process for correcting errors in the ledger.

Question

When errors occur in the ledger, it can only be corrected through the:
A. Journal
B. Sales Day Book
C. Purchase Day Book
D. Control Account
E. General Ledger

Answer

Find Related Questions by Tags, levels, etc.

Tags: Error Corrections, General Ledger, Journal
Level: Level 1

Series: NOV 2015

FA – Mar/July 2020 – L1 – SB – Q2c – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Listing six uses of the journal in accounting.

Question

List SIX uses of the journal.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting, Journal, Uses of Journal
Level: Level 1

FA – Mar/July 2020 – L1 – SB – Q2b – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Definition of books of prime entry and examples maintained by entities.

Question

Define books of prime entry and list FOUR books of prime entry that could be maintained by an entity. (4 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Books of Prime Entry, Cash Book, Journal
Level: Level 1

Question Tag: Journal

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FA – Nov 2015 – L1 – SA – Q2 – Correction of Errors

Identifies the correct process for correcting errors in the ledger.

FA – Mar/July 2020 – L1 – SB – Q2c – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Listing six uses of the journal in accounting.

FA – Mar/July 2020 – L1 – SB – Q2b – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Definition of books of prime entry and examples maintained by entities.

FA – Nov 2015 – L1 – SA – Q2 – Correction of Errors

Identifies the correct process for correcting errors in the ledger.

FA – Mar/July 2020 – L1 – SB – Q2c – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Listing six uses of the journal in accounting.

FA – Mar/July 2020 – L1 – SB – Q2b – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Definition of books of prime entry and examples maintained by entities.

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Question Tag: Journal

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FA – Nov 2015 – L1 – SA – Q2 – Correction of Errors

Identifies the correct process for correcting errors in the ledger.

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FA – Mar/July 2020 – L1 – SB – Q2c – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Listing six uses of the journal in accounting.

You're reporting an error for "FA – Mar/July 2020 – L1 – SB – Q2c – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)"

FA – Mar/July 2020 – L1 – SB – Q2b – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Definition of books of prime entry and examples maintained by entities.

You're reporting an error for "FA – Mar/July 2020 – L1 – SB – Q2b – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)"

FA – Nov 2015 – L1 – SA – Q2 – Correction of Errors

Identifies the correct process for correcting errors in the ledger.

You're reporting an error for "FA – Nov 2015 – L1 – SA – Q2 – Correction of Errors"

FA – Mar/July 2020 – L1 – SB – Q2c – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Listing six uses of the journal in accounting.

You're reporting an error for "FA – Mar/July 2020 – L1 – SB – Q2c – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)"

FA – Mar/July 2020 – L1 – SB – Q2b – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Definition of books of prime entry and examples maintained by entities.

You're reporting an error for "FA – Mar/July 2020 – L1 – SB – Q2b – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)"

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