The principal of double entry book-keeping is that
...The principal of double entry book-keeping is that
Every debtor must have a creditor
Every account debited must be immediately credited
For every debit there must be a corresponding credit
For every double debit, threre must be a double credit
For every item there must be a double entry
Correct answer is C
No explanation has been provided for this answer.
.........................31 Dec. 05........31 Dec. 06 Total fixed assets.........N7,800.............
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