Practice Posting from Journal to Ledger - 2.3.3 | 2. Journal, Ledger, and Trial Balance | ICSE Class 11 Accountancy
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is posting?

💡 Hint: Think about the flow of information in accounting.

Question 2

Easy

Name the main sections of a ledger entry.

💡 Hint: These are the components that help show the full picture of an entry.

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 main purpose of posting?

  • To record transactions only
  • To transfer entries to the ledger
  • To prepare financial statements

💡 Hint: Consider the flow of information from journal to ledger.

Question 2

True or False: The ledger summarizes all transactions in chronological order.

  • True
  • False

💡 Hint: Think about how transactions are organized in a ledger.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

You have multiple transactions over the month for cash sales and payments. Describe how to accurately track these in your ledger while ensuring each transaction is properly recorded.

💡 Hint: Consider what accounts are affected by cash transactions.

Question 2

Draft a sample ledger entry based on the following journal entry: 'Received $500 cash for services rendered.', indicating all components correctly.

💡 Hint: Remember to show the impact on both accounts.

Challenge and get performance evaluation