Economics · Computerised Accounting System and Ledger Entries
Consider the following statements regarding accounting systems: 1. The general ledger of a computerised accounting system will permit an unequal value of debits and credits to be posted for an individual transaction. 2. The journal is an integral part of the general ledger. 3. The payables' ledger of individual credit suppliers is not part of the general ledger. 4. The payables general ledger account will include accounting entries for irrecoverable debts written off. Which of the following assessments of True/False is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1True = 3, False = 1
- 2False = 1, 2, 3, 4
- 3True = 3, False = 1, 2, 4✓
- 4True = 1, False = 3
Correct answer
True = 3, False = 1, 2, 4
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Computerised Accounting System and Ledger Entries MCQs →Want more practice questions on Computerised Accounting System and Ledger Entries?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Computerised Accounting System and Ledger Entries