One major advantage of ledger is that it

FINANCIAL
JAMB 1995

One major advantage of ledger is that it

  • A. is a book of original entry
  • B. is only accessible to share holders during liquidation
  • C. removes the need for preparing a balance sheet after each transaction
  • D. can be used by any type of business

Correct Answer: D. can be used by any type of business



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