level: Day 4
Questions and Answers List
level questions: Day 4
| Question | Answer |
|---|---|
| Ruling | Refers to drawing a line. A single line means the entries above are complete. A double line means the figures have been verified as correct. |
| Trial balance | a proof of the equality of debits and credits in a general ledger |
| Working Papers | informal, informational papers provided by the accountants to owners and managers |
| Worksheet | a columnar accounting form used to summarise the general ledger information needed to prepare financial statements |