Folio means the page of HomeFinancial Accounting MCQsFolio means the page ofQ. Folio means the page ofA. A JournalB. A LedgerC. Both a & bD. None of the aboveAnswer: A Ledger
Rohit carrying on real estate business sold a piece of land for Rs.4,00,00,000 (cost Rs.3,50,00,000) then the type of receipt is nature and profit on sale is