Question
Which of the following book is both a journal and a
ledger?Solution
A Cash Book serves as both a journal and a ledger because it records all cash transactions (both receipts and payments) in chronological order, similar to a journal. Additionally, it also acts as a ledger since it maintains a running balance of cash on hand or in the bank, which is a ledger-like function. This dual role makes the Cash Book a unique accounting record.
Read the following statements and conclusions carefully. Assuming the information given in the statements is true, even if it appears to be at variance...
Statements:
Some fabrics are silks.
Some silks are cottons.
Conclusions:
I. At least some cottons are silks
II. A...
Statements:
A few parrots are hens.
No parrot is bird.
All bird are sparrows.
Conclusions:
I: Some hens are not b...
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if ...
Statements:
No pen is box.
No box is pencil.
No pencil is eraser.
Conclusions:
I. No pen is pencil.
II. N...
Read the given statement s and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varian...
Statement:
Some Sparrow are Crow.
Only a few Eagles are Sparrow.
Only a few Sparrows are Peacock.
Only Sparrows are Parrot...
Statement:
Only few Red are yellow
No yellow are white.
Only green are white.
Conclusion:
I. Some yellow are red...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
. Statements:
Some ovens are microwaves.
Only a few microwaves are toasters
No oven is a grinder
Conclusions:
I. All ...
