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One major advantage of ledger is that it
Question 1
Report
One major advantage of ledger is that it
is a book of original entry
is only accessible to share holders during liquidation
removes the need for preparing a balance sheet after each transaction
can be used by any type of business
Answer Details
Read lesson note on Nature And Significance Of Accounting (JAMB)
Read lesson note on Principles Of Double Entry (JAMB)
Nature And Significance Of Accounting
Principles Of Double Entry
View Answer