One major advantage of a ledger is that it

FINANCIAL
POST UTME UI

One major advantage of a ledger is that it

  • A) is a book of original entry
  • B) is only accessible to shareholders during distribution
  • 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



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.