JAMB Accounting 2014 Objective — Question 7

Question 7 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2014 Objective paper, with the correct answer and a full explanation.

The ledger is classified into a private, sales and purchases account. This classification is of

A. personal, general and private ledger
B. personal, general and private ledgerCorrect
C. private, purchases and sales ledger
D. sales, purchases and general

Explanation

The classification of journal is personal journal, general journal and private journal (the ledger follows a similar classification pattern).

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