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The simplest form of single entry procedure consists fo keeping a?

Accounts - Principles of Accounts
JAMB 2000
The simplest form of single entry procedure consists fo keeping a?
  • A. day book or general journal
  • B. cash book and ledger accounts showing debtors and creditors balances
  • C. cash journal, sales journal and purchases journal
  • D. day book in which transactions are described in chronological order
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Correct Answer: Option B
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now