The statement of affairs prepared from incomple... - JAMB Accounting 1998 Question
The statement of affairs prepared from incomplete records can be described as?
A
the summary of all the business transactions of the trader ascertained by the accountant
B
a balance sheet at a particular date showing the assets and liabilities of the business
C
a schedule of all the business ventures entered into for the period to which the records relates
D
the statement that shows the profit or loss made during the period
correct option: b
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