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Question

Books of original entry is also known as _______.

A
Invoice book
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B
Journal
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C
Debit/Credit note book
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D
Ledger
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Solution

The correct option is B Journal
Books of original entry refers to the accounting journals in which business transactions are initially recorded. The information in these books is then summarized and posted into a general ledger, from which financial statements are produced refers to the accounting journals in which business transactions are initially recorded. The information in these books is then summarized and posted into a general ledger, from which financial statements are produced.

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