WAEC Book Keeping 2024 Objective — Question 28

Question 28 of 40 from the West African Examinations Council (WAEC) Book Keeping 2024 Objective paper, with the correct answer and a full explanation.

28. A self-balancing ledger is A.

A. trading account.
B. control account.Correct
C. Suspense account.
D. appropriation account.

Explanation

After appropriating all transactions to their places, the appropriation account balances off; a control account is a self-balancing ledger.

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