Free account: track your progress — Sign up free

WAEC Accounting 2019 Objective — Question 38

Question 38 of 50 from the West African Examinations Council (WAEC) Accounting 2019 Objective paper, with the correct answer and a full explanation.

Capital and drawings accounts are kept in the

A. general ledger
B. purchases ledger
C. sales ledger
D. private ledgerCorrect

Explanation

Capital and drawings accounts are kept in the private ledger.

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Accounting 2019 Objective More Accounting past papers