A business transaction is recorded in the books of account when the?

A business transaction is recorded in the books of account when the?
  • A.
    owner of the business invests his N10,000 in another company
  • B.
    business retains part of ofits profits for future expansion purposes
  • C.
    business invest applies for overdraft facilities from its bankers
  • D.
    owner of the business collects N5,000 from the accountant
Correct Answer: Option A
Explanation
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