A business transaction is recorded in the books of account when the?
FINANCIAL
JAMB 1998
A business transaction is recorded in the books of account when the?
- A. owner of the business invests his N10,000 in another company
- B. business retains part of ofits profits for future expansion purposes
- C. business invest applies for overdraft facilities from its bankers
- D. owner of the business collects N5,000 from the accountant
Correct Answer: A. owner of the business invests his N10,000 in another company
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