The principal book of account where accounts are classifi...
The principal book of account where accounts are classified and summarized is
Balance sheet
Ledger
Trial balance
Journal
Correct answer is B
The ledger contains permanent records of all the transactions of the business in a classified and summarized form. The entries in the cash book and other original books are posted to the ledgers.
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A company advertised and issued 750,000, 12% preference shares of N1 each to be issued ₦1.50 ...
In the not-for-profit-making organization, the excess of income over expenditure is? ...
Danladi Bako's Statement of Affairs as at 30/06/17 ₦ &...
A company's authorized share capital was one million ordinary shares at N1 each. Issued 80% of i...
The budget statement presented to the legislature by the Chief Executive is called? ...