WAEC Financial Accounting 2006 Question 7

Question 7

Books of Original Entry

Books of account consists of

  1. A.ledgers and subsidiary books
  2. B.ledgers and principal books
  3. C.folios and subsidiary books
  4. D.ledgers and cash book.
Show the answer and explanation

Answer: A (ledgers and subsidiary books)

Explanation

The books of account are the ledgers and the subsidiary books of original entry.