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5-question demo · Chhattisgarh CG SRLM (BIHAN) - Accounting and Finance

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Question 1 of 5
Why are accounting vouchers prepared?
Why: Accounting vouchers provide the foundational documentation for all transactions, linking source documents to journal entries. This multi-purpose role ensures accuracy, auditability, and control in accounting processes.[1]
Question 2 of 5
Give the essentials of accounting vouchers.
Why: These essentials ensure vouchers are comprehensive, verifiable, and support the double-entry system effectively.[1]
Question 3 of 5
Pass the necessary journal entries related to the 'Opening Entry'. On 1st April 2023, Ram started a business with cash ₹5,00,000.
Why: Under double-entry system, assets brought in are debited to their respective accounts, and the owner's capital is credited. This maintains the accounting equation: Assets = Capital + Liabilities.[8]
Question 4 of 5
Pass the necessary journal entries in the books of Reshi Raj. (a) On 1 April 2023, Cash Purchases ₹20,000.
Why: Cash purchases directly increase the purchases account without involving creditors, reducing cash simultaneously.[8]
Question 5 of 5
It contains journal vouchers for past periods. Select one: a. general ledger master file b. general ledger history file c. subsidiary ledger master file d. subsidiary ledger history file
A a. general ledger master file
B b. general ledger history file
C c. subsidiary ledger master file
D d. subsidiary ledger history file
Why: The general ledger history file stores journal vouchers and entries from past periods for reference and audit purposes. Option B matches this description, as master files contain current data while history files archive past records.[7]