JAMB Principles of Accounts 2007 Question 39

Question 39

Books of Original Entry

Journal proper is used in recording

  1. A.transactions that are not regular
  2. B.returns from customers
  3. C.credit sales
  4. D.the receipt and payment of money.
Show the answer and explanation

Answer: A (transactions that are not regular)

Explanation

The journal proper records unusual entries such as opening entries, corrections and purchase of fixed assets on credit.