ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!
  • google app store apple app store
    • тЬЦ

      Question

      Which one of the following is the first book in which

      the transactions of a business unit are recorded ?
      A Balance Sheet Correct Answer Incorrect Answer
      B Cash Book Correct Answer Incorrect Answer
      C Ledger Correct Answer Incorrect Answer
      D Journal Correct Answer Incorrect Answer

      Solution

      The first book in which the transactions of a business unit are recorded is called the тАЬJournalтАЭ or тАЬBook of Original EntryтАЭ. It is also sometimes referred to as the тАЬDaybookтАЭ because it is used to record transactions on a daily basis.

      Practice Next
      More ESIC Part B Questions

      Relevant for Exams:

      ask-question