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Computer Fundamentals · Q96

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Computer Related · Computer Fundamentals · question 96

Q96

Which of the following shows daily balance for a selected voucher type

A.
Day book
Answer
B.
Trial Balance
C.
Balance Sheet
D.
None of the above

Answer: Option A

Solution

Answer: Option A
Solution:
The Day Book lists all transactions made in a particular day and by default displays the last voucher entry date of a regular voucher. It could also be set up to list all the transactions made over a certain period. Transactions include all financial vouchers, reversing and memorandum journals as well as inventory vouchers.