JAMB Accounting 2020 Objective — Question 38

Question 38 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2020 Objective paper, with the correct answer and a full explanation.

38. Entry in the subsidiary book which does not form part of the double entry system is

A. A. Contra entry
B. B. Journal entry
C. C. Memorandum entryCorrect
D. D. Single entry

Explanation

Memorandum entries are entries in pamphlets such as notification of meeting. Thus, it will not be transferred to the book of double entry.

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