A statement in a double-entry system in which are recorde...
A statement in a double-entry system in which are recorded all the transactions of one specific class, which takes place during the period is called
Double entry system
Ledger
Cash Book
Petty Cash Book
Correct answer is B
A ledger is a separate record within the general ledger that is assigned to a specific asset, liability, equity item, revenue type, or expense type. Examples of ledger accounts are: Cash, Accounts receivable.
The term 'posting' in Accounting refers to ...
Use the following information, \(\begin{array}{c|c} & Le\\ \hline \text{Sales} & 183,400 \\...
A sales for N2,570 was recorded in the day book as N2,750. The error committed was ...
Credit purchases are always put at 150% of the total cash paid to suppliers Calculate the c...
The following are importance of branch account except ...
Returns inwards is also called ...
Accounts can be classified into ...
If salary account is debited instead of stationary account, the error committed is that of? ...
Buhari and Osinbajo are in partnership with the following partnership agreement Buhar...
Derive the total sales figure from the following information extracted from a firm's cash book a...