The major feature of a journal is that it has?
Six columns, date, particulars, folio, amount, debit and credit
Five columns, date particulars, folio, debit and credit
Three columns, date particulars and folio
Four columns, date particulars, folio and amount
Correct answer is B
No explanation has been provided for this answer.
N4,250
N3,500
N4,300
N3,450
Correct answer is D
No explanation has been provided for this answer.
ii, i and iii
i, iii and ii
ii, iii and i
i, ii and iii
Correct answer is B
No explanation has been provided for this answer.
The principle of double entry system ensures?
Mathematical accuracy in trial balance
Balances at the bank
Increase in the assets and liabilities
Balance of cash account
Correct answer is A
No explanation has been provided for this answer.
In a trial balance, income and liabilities are?
Debited and credited respectively
Credited
Credited and debited respectively
Debited
Correct answer is B
No explanation has been provided for this answer.