JAMB Accounting 2019 Objective — Question 14

Question 14 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2019 Objective paper, with the correct answer and a full explanation.

An entry in a subsidiary book which does not form part of the double entry system is

A. a contra entry
B. journal entry
C. single entry
D. memorandum entryCorrect

Explanation

A memorandum entry is a note made in a subsidiary book for information purposes that does not form part of the double entry system.

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