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Question

L.F. (i.e., Ledger Folio) column in the journal is filled at the time of _________.

A
journalising
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B
balancing
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C
posting
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D
casting
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Solution

The correct option is D posting

Ledger Folio , abbreviated as L.F., is a column in the journal where in the page number of the ledger book on which the relevant account appears is recorded. In the journal, this column is filled up at the time of posting and not at the time of making journal entry.


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