Post Utme Caleb University 2022 Accounting Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2022 Accounting Objective / Multiple Choice
Question 10 POST_UTME_CALEB_UNIVERSITY • 2022 • ACCOUNTING • objective

A company uses a self-balancing ledger to record its transactions. What is the purpose of the ledger?

Answer Options

A. To record the company's assets
B. To record the company's liabilities
C. To record the company's equity
Correct Answer D. To record the company's revenues and expenses
Correct Answer
D
Correct Option:
To record the company's revenues and expenses

About This Question

This is Post Utme Caleb University 2022 Accounting Question 10. It is one of the objective questions from the 2022 Post Utme Caleb University Accounting examination.

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