Get premium membership and access revision papers with marking schemes, video lessons and live classes.
  OR
Processing. Please wait.

 Form 4 Business Studies lessons: Source documents and books of original entry

Advantages of books of original entry:

 (0m 0s)
3532 Views     SHARE

Download as pdf file

Answer Text:
Advantages of books of original entry:
-they are used for future reference since they contain more information.
-they prevent ledger from being bulky
-they minimize errors that could be made in the ledger, if all entries were recorded there.
-they contain more information because all transactions have narrations accompanying them.
- they help to minimize chances of fraud since they are maintained by different people.


|