Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 12 - No. 25)

Which accounting principle is MOST directly related to the use of a general journal?
a) Going concern
b) Accrual accounting
c) Double-entry bookkeeping
d) Matching principle

Explanation

Double-entry bookkeeping is the foundation of the general journal system.

Comments (0)

Advertisement