Post Utme Bowen University 2023 Accounting Question 11

Practice objective / multiple choice question 11 from the 2023 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2023 Accounting Objective / Multiple Choice
Question 11 POST_UTME_BOWEN_UNIVERSITY • 2023 • ACCOUNTING • objective

In a double-entry system, what is the purpose of the ledger?

Answer Options

A. To record all transactions
B. To prepare the trial balance
Correct Answer C. To classify and summarize transactions
D. To prepare the balance sheet
Correct Answer
C
Correct Option:
To classify and summarize transactions

About This Question

This is Post Utme Bowen University 2023 Accounting Question 11. It is one of the objective questions from the 2023 Post Utme Bowen University Accounting examination.

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