Accounting Procedures

Books of primary entry

Books of safe entry

Both of the above

None of the above

Keeping the basic record of business transactions

Providing this record to the business management

Both of the above

None of the above

Sales journal

Cash receipts journal

Purchases journal

Cash disbursement journal

Debited

Credited

Both debited and credited

Assets are never recorded in the books of accounts

The process of keeping a basic record of business transactions

The process of providing a record of business transactions to management

The process of recording data relating to accounting transactions in the accounting books

None of the above