Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following statements about books of p

Which of the following statements about books of prime entry is TRUE? O...

80.2K

Verified Solution

Question

Accounting

image

Which of the following statements about books of prime entry is TRUE? O A. A business can only have a maximum of five books of prime entry O B. Source documents are recorded in the books of prime entry O C. Credit notes received are recorded in the sales returns day books OD. The journal is not a book of prime entry

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

What is patronage?The civil serviceDesire of moneyGovernment administration jobsGiving jobs as a political reward

Basic Math
1.2K views

ng to another question w ed to classical conditionin

Finance
1.2K views

Consider an investment that costs $400 and pays $100 per year forever. What is the payback...

Medical Sciences
1.2K views

Identify the secretory acini and the duct system. Tissue sections of pancreas show abundant darker-staining _____________ (exocrine...

Physics
1.2K views

For a ray incident on a plane mirror as shown if mirror is rotated by...

Statistics
1.2K views

In the blood alcohol example using the least square regression line to make a prediction...

Statistics
1.2K views

EQUATIONS 5 m 1 2 9m 5 2 x 10 7

Calculus
1.2K views

If the graph of y A 5 B 1 asymptote x 3 then a c...

Accounting
1.2K views

In incremental analysis: A) all cost are relevant if they change between alternatives. B) only...

Accounting
1.2K views

"Save the GST" is a popular advertising gimmick. If the GST is 5% of the...

Accounting
1.2K views

Which of the following should be tested for impairment? A land B investment in shares...

Accounting
1.2K views

conoldition entrywarimade Thetseentins subidiay 10000 land10000 Woct d the blowing tosentents is carrect