Multiple Choice
Which of the following is correct? In a book of prime entry:
A) Ledger accounts are kept
B) Transactions relating to branch accounts are kept
C) Information is recorded and summarised before being entered to the ledger
D) Reconciliations are performed
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q6: A purchase invoice shows 10 items priced
Q7: Which of the following is not a
Q8: A sales invoice shows 20 items priced
Q9: Which of the following source documents is
Q10: A sales invoice shows 20 items priced
Q11: Which of the following is not typically
Q12: Which one of the following is not
Q14: A credit note issued to your business
Q15: The bills payable book:<br>A) Records cheques received
Q16: Which of the following is sourced by