The simplest form of single entry procedure consists fo keeping a?
FINANCIAL
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
Correct Answer: B. cash book and ledger accounts showing debtors and creditors balances
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