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Question

In an account prepared under double entry system ________ prefix suggest that the concerned account is debited.

A
to
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B
by
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C
balance cd
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D
balance bd
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Solution

The correct option is A by
Posting is a process of transferring debit and credit aspects of the entries appearing in the journal and other books of original entry to the and credit sides of the relevant accounts in the ledger. Posting are made using the word "To" and "By" as a prefix. For debit side entry "To" prefix is used and for credit side "By" prefix is used.

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