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The first step in converting as single entry to a double entry system of bookkeeping...

Accounts - Principles of Accounts
JAMB 2003

The first step in converting as single entry to a double entry system of bookkeeping is to prepare a?
  • A. suspense account
  • B. statement of affairs
  • C. realization account
  • D. trial balance
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Correct Answer: Option B
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