Question

______ is time consuming and hardly serves any addition or special purpose.

• A. Total Method
• B. Balances Method
• C. Totals-cum-balances Method
• D. None of the above

Answer 1

Answer: (C)

Totals-cum-balances Method

Total-cum-balances Method is a combination of totals method and balances method. Under this method four columns for amount are prepared. Two columns for writing the debit and credit totals of various accounts and two columns for writing the debit and credit balances of these accounts. This method is time consuming and hardly serves any additional or special purpose.