Home » Accounts (Principles of Accounts) » The two fundamental books of accounting areThe two fundamental books of accounting are The two fundamental books of accounting are A. return inwards and outwards B. journal and ledger C. discounts allowed and received D. credit note and debit note Correct Answer: Option B Explanation Related Posts Sales was D12,500, total expenses was D2,500 and net profit is 10% of sales what… Use information below to answer this question. Capital: opening balance 307,000 closing balance 342,000 Net… The objective of departmental account is to Factory cost consists of Which of the following bases of accounting does not make allowance for depreciation? The aggregate of amounts owed to a business by is customers is known as
Use information below to answer this question. Capital: opening balance 307,000 closing balance 342,000 Net…