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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Main objective of preparing ledger account is to ____________. - Accountancy

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Question

Main objective of preparing ledger account is to ____________.

Options

  • Ascertain the financial position

  • Ascertain the profit or loss

  • Ascertain the profit or loss and the financial position

  • Know the balance of each ledger account

MCQ
Fill in the Blanks
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Solution

Main objective of preparing ledger account is to Know the balance of each ledger account.

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Chapter 4: Ledger - Multiple choice questions [Page 76]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 4 Ledger
Multiple choice questions | Q I 1. | Page 76
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