Question:

What does "folio" mean in the context of bookeeping?

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I am starting to get my head around basic small business bookkeeping. I have been looking at a lot of example worksheets and I often see a column called folio. the folio column contains codes and I can not figure it out.

If I set up a worksheet with a folio column, what is the data I put in that column?

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3 ANSWERS


  1. It is a page. So therefore you should enter a page or folio reference no.


  2. if you had to enter an account title in the General Ledger, the folio space would contain GJ<page number of that entry in the general journal>.

    if you are to write it already in your worksheet then, the folio part would contain GL<page number of that account title in the general ledger>.

  3. It is a column used for cross referencing. You cross reference entries in order to easily find the offsetting entry.

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