JAMB Principles of Accounts 1997 Question 7

Question 7

Books of Original Entry

Books of original entry are used for

  1. A.recording business transactions
  2. B.the adjustment of accounts
  3. C.reminding the bookkeeper to post transactions in the ledger
  4. D.informing the bookkeeper about the state of affairs.
Show the answer and explanation

Answer: A (recording business transactions)

Explanation

Transactions are first recorded in books of original entry before being posted to the ledger.