Page 93 - DMGT104_FINANCIAL_ACCOUNTING

Unit 5: Preparation of Journal, Ledger and Balancing

Answers: Self Assessment Notes

1. The journal 2. Original book of entries/Primary Book of entries
3. Entries 4. Narration
5. ‘To’ 6. Primary book
7. Book of original entry 8. Posting

9. Accounts 10. Posting
11. Principal Book of Account 12. Reference book
13. Ledger accounts

5.7 Further Readings

Books Khan and Jain, “Management Accounting”.
M.P. Pandikumar, “Accounting & Finance for Managers”, Excel Books, New Delhi.
R.L. Gupta and Radhaswamy, “Advanced Accountancy”.

S.N. Maheswari, “Management Accounting”.
V.K. Goyal, “Financial Accounting”, Excel Books, New Delhi.

Online links http://www.globusz.com/

www.futureaccountant.com

LOVELY PROFESSIONAL UNIVERSITY 87