Accounting
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Active recall with 3D-flip cards, then self-grade.
Past papers:868 questions
Accounting principles and fundamentals · MediumQuestion
What is the purpose of book-keeping?
- A. to interpret the double entry records
- B. to prepare financial statements at regular intervals
- C. to record all the financial transactions of the business
- D. to summarise the financial position of the business
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Accounting principles and fundamentalsAnswer
Correct answer
C. to record all the financial transactions of the business
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