Home » Accounts (Principles of Accounts) » Which of the following is true of the uses of the journal proper? i. correction…Which of the following is true of the uses of the journal proper? i. correction… Which of the following is true of the uses of the journal proper? i. correction of errors. ii. opening and closing the accounting books iii. recording cash purchases A. i B. ii C. iii D. i and ii E. i and iii Correct Answer: Option D Explanation Related Posts Determine the Total Expenses Calculate the net profit on percentage of expenses. The item that are contained in the bought ledger control account are? The accounting principle which states that for every debit entry, there is a corresponding credit… Bad debts written off is shown as In the preparation of the trading account of omuya Ltd., the company included credit sales…
