The trading account is to a sole trader what income and expenditure account is to...

Accounts - Principles of Accounts

JAMB 1998

The trading account is to a sole trader what income and expenditure account is to a?

A. partnership
B. public limited organization
C. manufacturing organization
D. non-profit making organization

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Correct Answer: Option D

Explanation

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The trading account is to a sole trader what income and expenditure account is to...

Correct Answer: Option D

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