Select the most appropriate alternative from the alternatives given below and rewrite the statement:

i. ______ means explanation of the transactions recorded in the Journal. 

(a) Narration 

(b) Journalising 

(c) Posting 

(d) Casting

ii. ______ discount is not recorded in the books of accounts. 

(a) Trade 

(b) Cash 

(c) GST 

(d) VAT

iii. Recording of transaction in Journal is called _____

(a) posting 

(b) journalising 

(c) narration 

(d) prime entry

iv. Every Journal entry require _______

(a) casting

(b) posting 

(c) narration 

(d) journalising

v. The _______column of the Journal is not recorded at the time of journalising. 

(a) date 

(b) particulars

(c) ledger folio 

(d) amount


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i. (a) Narration

ii. (a) Trade

iii. (b) journalising

iv. (c) narration

v. (c) ledger folio

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