Post Utme Esut 2019 Accounting Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Esut Accounting examination.

Post Utme Esut 2019 Accounting Objective / Multiple Choice
Question 14 POST_UTME_ESUT • 2019 • ACCOUNTING • objective

A business has incomplete records and uses the single-entry system of accounting. What is the purpose of the 'Journal' in this system?

Answer Options

Correct Answer A. To record all transactions in a chronological order
B. To record all transactions in a classified order
C. To record all transactions in a summarized order
D. To record all transactions in a detailed order
Correct Answer
A
Correct Option:
To record all transactions in a chronological order

About This Question

This is Post Utme Esut 2019 Accounting Question 14. It is one of the objective questions from the 2019 Post Utme Esut Accounting examination.

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