PRC-1 · Chapter 2 · Question 55 of 100
Which of the following is NOT classified as a book of prime (original) entry?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Receivables ledger
Explanation
A ledger is a destination for summarized data, not a book of prime entry. Transactions are first recorded in day books, cash books, or the journal, and then posted to ledgers like the receivables ledger.
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