Practice - Format of the Journal
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Practice Questions
Test your understanding with targeted questions
List the five columns found in a journal.
💡 Hint: Think about what information we need for a transaction.
What do you record in the narration?
💡 Hint: It describes the reason for the entry.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is the first step in recording a transaction?
💡 Hint: What do you do before preparing any reports?
True or False: Each journal entry must have a debit and credit amount.
💡 Hint: Think about the balance in accounts.
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Challenge Problems
Push your limits with advanced challenges
You sold merchandise on credit for ₹10,000. Record the journal entry with narration.
💡 Hint: Identify the accounts impacted.
A customer returns goods worth ₹2,000. How do you record this in the journal?
💡 Hint: Think about how returns affect the accounts.
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Reference links
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