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1. Four Columns
2. Five Columns
3. Six Columns
4. Seven Columns
5. You can use as many columns as you like
6. Drawing columns is "Not" necessary
5. You can use as many columns as you like.
A Journal supports recording of transactions and a business venture may add any number of columns which meets its reporting requirements.
2. Five Columns ............. basically1) Date 2) Details/Particulars3)Ledger Folio 4) Debit 5) Credit but others may add some columns based on how they want their information to be captured.
The Correct option is3) Six Columns
1) Date2) Particulars/Description3)Ledger Folio4) Debit5) Credit6)Balance
6,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,Columns
5 columns.........................................