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WAEC Financial Accounting 2006 Question 15

Question 15

Double Entry and the Ledger

Cross referencing among different books of accounts is achieved with the use of

  1. A.columns
  2. B.reference numbers
  3. C.folio
  4. D.margin.
Show the answer and explanation

Answer: C (folio)

Explanation

Folio columns cross-reference the books.