The process of bookkeeping includes records produced from?
FINANCIAL
JAMB 2009
The process of bookkeeping includes records produced from?
- A. ledgers
- B. source documents
- C. minutes of meeting
- D. intuitive reasoning
Correct Answer: A. ledgers
Explanation
Bookkeeping is the recording of financial transactions in which all of the financial transactions of the business (consisting of income and expenses) are entered into a database. It uses records recorded in the ledger. Ledgers is a book or other collection of financial accounts.
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