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Examveda

________ gives the balance for each day for the voucher type has been selected

A. Trial Balance

B. Day book

C. Balance Sheet

D. None of the above

Answer: Option B

Solution(By Examveda Team)

The Day Book lists all transactions made in a particular day and by default displays the last voucher entry date of a regular voucher. It could also be set up to list all the transactions made over a certain period. Transactions include all financial vouchers, reversing and memorandum journals as well as inventory vouchers.

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