JAMB Accounting 2011 Objective — Question 3

Question 3 of 49 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2011 Objective paper, with the correct answer and a full explanation.

The principle of double entry system ensures

A. A. a mathematical accuracy in trial balanceCorrect
B. B. balances at the bank
C. C. increase in the assets and liabilities
D. D. balance of cash account

Explanation

The double entry principle ensures that the ledger produces the same debit and credit totals, thereby checking the mathematical accuracy of posting.

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