Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What are the main components of a ledger?
💡 Hint: Think about the information we track with each transaction.
Question 2
Easy
Why is posting from the journal to the ledger important?
💡 Hint: Consider how we organize our financial information.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the primary purpose of a ledger?
- To list all transactions chronologically
- To categorize transactions by account
- To summarize financial data
💡 Hint: Think about how we need to manage various accounts.
Question 2
True or False: The balance column in the ledger shows the total amount of transactions.
- True
- False
💡 Hint: Remember the role of the balance in each entry.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Create a comprehensive ledger for a small business with two cash transactions and one credit sale, ensuring balances are reflected correctly.
💡 Hint: Think through how each transaction impacts the overall cash flow.
Question 2
Identify and explain three potential errors that might arise in the ledger, providing solutions on how to rectify them.
💡 Hint: Reflect on how accuracy can be maintained in accounting.
Challenge and get performance evaluation