ACCA Applied Knowledge Practice Test
ACCA Applied Knowledge Papers (BT/MA/FA) ACCA AK Financial Accounting
The double-entry bookkeeping principle states that:
Select your answer
A
Every transaction is recorded once in the ledger
B
Every debit entry must have a corresponding equal credit entry
C
All transactions are recorded in the cash book
D
Revenues are always credited and expenses debited
Hint
