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Real account records
Options:
A
.
 Dealings with creditors or debtors
B
.
 Dealings in commodities
C
.
 Gains and losses
D
.
 All of the above
Answer: Option B
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The account that records expenses, gains and losses is....
Question 2.
The following is (are) the type(s) of Journal....
Question 3.
The process of entering all transactions from the Journal to Ledger is called....
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The following is a statement showing the financial status of the comapany at any given time....
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Question 9.
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The following is (are) the current liability (ies)....
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