GCE Book Keeping 2015 Objective — Question 27
Question 27 of 40 from the General Certificate of Education (GCE) Book Keeping 2015 Objective paper, with the correct answer and a full explanation.
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All transactions paid for are first recorded in the
- A. ledger
- B. cash bookCorrect
- C. sales journal
- D. profit and loss account
Explanation
Cash transactions (payments and receipts) are first recorded in the cash book, a book of original entry.
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