Question: 1 . 1 Choose the correct answer by writing only the relevant letter. B . g . 1 . 1 . 1 p 1 .
Choose the correct answer by writing only the relevant letter. Bg p
Another term for book of the first entry.
A General ledger
B Trial balance
C Debtors ledger
D Subsidiary journal
The debt of the business.
A Assets
B Loss
C Profit
D Liability
Which of the following represent the Accounting equation.
A
B
C
D
Money that the owner invests in a business is known as
A Capital
B Income
C Transactions
D Profit
The left hand side of a Taccount in the general ledger is known as it
A Balance
B Debit
C Credit
D Analysis of receipts
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