GCE Financial Accounting 1989 Question 49

Question 49

Books of Original Entry

A subsidiary record is a book

  1. A.found in the ledger
  2. B.of subsidiary entries
  3. C.of original entry
  4. D.containing the final accounts
  5. E.of final entry.
Show the answer and explanation

Answer: C (of original entry)

Explanation

Subsidiary books (day books, journal, cash book) are the books of original (prime) entry.