Which of the following is a book of ordinary entry?
...Which of the following is a book of ordinary entry?
Ledger
Balance sheet
Bank statement
Sales journal
Correct answer is D
Books of original entry refers to the accounting journals in which business transactions are initially recorded. The information in these books is then summarized and posted into a general ledger, from which financial statements are produced.
The main books of prime entry are:
The wages of an office cleaner is classified as ...
An overdraft is usually shown as a ...
₦ Debtors opening 4000 Debt...
The manufacturing account is prepared to ascertain ...
The process of entering transaction from one book to another is ...
A debit in the suspense accounting will appear in the balance sheet as? ...
The art of recording transactions in books of account is known as ...
Use the information below to answer this question At the end of a financial period, the trading p...