Balance this three-column account. What function does the PR column serve? When will Account 111 be used
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Balance this three-column account. What function does the PR column serve? When will Account 111 be used in the journalizing and posting process?
Transcribed Image Text:
Name: Cash Date 2021 May 1 4 11 14 Explanation PR GJ1 GJ1 GJ2 GJ3 Debit 1900 900 200 Credit 600 Account No. 111 Dr. or Cr. Balance
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Post Ref column of cash tells us from which page of Journal information came ...View the full answer
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Teaching was always an area where I can pursue my passion. I used to teach my friends and junior during my school and college life. After completing my professional qualification (chartered accountancy) and before joining my job, I also joined an organization for teaching and guidance to my juniors. I had also written some articles during my internship which later got published. apart from that, I have also given some presentations on certain amendments/complex issues in various forms.
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Related Book For
College Accounting A Practical Approach
ISBN: 9780135222416
14th Canadian Edition
Authors: Jeffrey Slater, Debra Good
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