Post Utme Igbinedion University 2017 Accounting Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2017 Accounting Objective / Multiple Choice

Question 24 POST_UTME_IGBINEDION_UNIVERSITY • 2017 • ACCOUNTING • objective

What is the main principle of the double entry system?

Answer Options

Correct Answer A. Every transaction affects at least two accounts

B. Every transaction affects only one account

C. Every transaction affects all accounts

D. Every transaction affects no accounts

Correct Answer

Correct Option:

Every transaction affects at least two accounts

About This Question

This is Post Utme Igbinedion University 2017 Accounting Question 24. It is one of the objective questions from the 2017 Post Utme Igbinedion University Accounting examination.

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