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Books of accounts are opened by the use of

Accounts - Principles of Accounts
WAEC 2022

Books of accounts are opened by the use of

  • A. balance sheet
  • B. general ledger
  • C. general journal
  • D. trial balance
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Correct Answer: Option C
Explanation

Journal is a prime entry into which transactions are entered on a daily basis. The journal is used to correct errors, recording entry transactions etc.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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