JKSSB Written 2022
Answer & Explanation
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Correct Answer:
Option C —
Journals
While all the options are related to the accounting process, the Journal is the specific "Book of Original Entry" from which entries are "posted" into the Ledger.The Accounting Cycle Flow
Think of it as a relay race where the information is passed from one stage to the next:
Vouchers: The raw evidence (receipts/bills).
Journals: Where the vouchers are first recorded chronologically.
Ledger: Where the journal entries are sorted and classified into specific accounts (Cash, Salary, Sales, etc.).
Why the other options don't fit:
A) Transactions: These are the actual events (buying/selling). You don't "prepare" a ledger directly from a mental event; you need a written record first.
B) Vouchers: Vouchers help you prepare the Journal. While they are the ultimate source, the standard accounting procedure is to move from Journal to Ledger.
D) Pass book: This is a copy of your account in the records of a bank. It is used to reconcile your cash book but isn't the primary source for building your company's general ledger.
Answer verified by Quintessence Classes faculty — Karan Nagar, Srinagar.