Question 46

The principle of double entry bookkeeping states that

  • A.every debtor must have a creditor
  • B.every account debited must be immediately credited
  • C.for every debit entry, there must be a corresponding credit entry
  • D.for every double debit, there must be a double credit
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2014
Question no.
#46
Type
Objective

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