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 is a ledger?
💡 Hint: Think about where all financial transactions are organized.
Question 2
Easy
What are two main components found in a ledger entry?
💡 Hint: What must you always record when entering 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 purpose of the ledger?
- To keep records in chronological order
- To categorize transactions by type
- To find errors in accounting
💡 Hint: Remember the role of the ledger in accounting.
Question 2
True or False: The ledger includes a running balance for each account.
- True
- False
💡 Hint: Think about how balances are tracked within accounts.
Solve 2 more questions and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
ABC Company recorded a purchase of ₹10,000 on credit. Show how this would be represented in the Cash and Accounts Payable accounts in the ledger.
💡 Hint: Remember how credit purchases affect both accounts.
Question 2
Create a ledger for a small business that outlines the transactions of the week: Cash sales of ₹12,000, expenses paid of ₹3,500, and equipment purchase of ₹5,000.
💡 Hint: Organize the entries according to their types.
Challenge and get performance evaluation