WAEC Accounting 2022 Objective — Question 7
Question 7 of 50 from the West African Examinations Council (WAEC) Accounting 2022 Objective paper, with the correct answer and a full explanation.
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The principal book of account where accounts are classified and summarized is
- A. journal
- B. ledgerCorrect
- C. trial balance
- D. balance sheet
Explanation
The ledger is the principal book of account; it classifies and summarizes transactions recorded first in the journal.
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