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In converting single entry to final account, the balancing figures on the income and ...
Classroom
Accounts - Principles of Accounts Classroom
Jamb
Jamb 2004
Incomplete Records And Single Entry
Conversion Of Single Entry To Double Entry
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In converting single entry to final account, the balancing figures on the income and expenses accounts are transferred to the?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Revenue and expenditure account
B
Receipts and payments account
C
Profit and loss apporpriation account
D
Profit and loss account
Show Answer
Show Explanation
Correct Answer:
Option D
Explanation:
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Accounts - Principles of Accounts
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