What entries are required on the provision ledger?

• A. Item, quantity, issue slip
• B. Date, recipient, location
• C. Item, unit price, total
• D. Date, quantity issued, and balance

Answer: (D)

In the provision ledger, each entry centers on stock flow: when the issue happens, how much is taken, and what the new stock level is. The date records exactly when the issue occurred, the quantity issued shows how much was removed from stock, and the balance provides the running total of stock after that issue. This combination gives you an auditable trail and a current stock picture, which is essential for inventory control and reconciliation with receipts and issue slips. Other details like the item name or price belong in separate records; the ledger’s required entries for each issue are the date, the quantity issued, and the resulting balance.