Where there are no proper books of account , the capital at the commencement of…

Accounts - Principles of Accounts WAEC 1997

Where there are no proper books of account , the capital at the commencement of a period is ascertained by preparing

  • Total Debtors and Creditors Accounts
  • Bank Reconciliation Statement
  • Statement of Affairs checkmark
  • Trading, Profit and Loss Accounts
  • Balance Sheet

The correct answer is: C

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