Foundation Lucky Dip Test Foundation This question is from Bookkeeping Transactions - Daybooks Question 13 of 30 Select only the statements which are true The following statements relate to the use of daybooks in almanual accounting system. Select all the statements that are true. All daybooks are books of prime entry. Daybooks contain ledger accounts Daybooks can be used to record and analyse invoices or credit notes Save Resume your test later.

Question

Foundation Lucky Dip Test Foundation This question is from Bookkeeping Transactions - Daybooks Question 13 of 30 Select only the statements which are true The following statements relate to the use of daybooks in almanual accounting system. Select all the statements that are true. All daybooks are books of prime entry. Daybooks contain ledger accounts Daybooks can be used to record and analyse invoices or credit notes Save Resume your test later.

Answer 1

The true statements are: "All daybooks are books of prime entry." and "Daybooks can be used to record and analyse invoices or credit notes."

Answer 2

## Step 1: Understanding the statementsThe question presents three statements about daybooks in a manual accounting system and asks us to select the ones that are true. ## Step 2: Evaluating each statement### Statement 1: All daybooks are books of prime entry.This statement is true. In accounting, a daybook is a book of prime entry. It is the first place where transactions are recorded. The information is then transferred to the ledger.### Statement 2: Daybooks contain ledger accounts.This statement is false. Daybooks do not contain ledger accounts. They are used to initially record transactions, which are then posted to the ledger.### Statement 3: Daybooks can be used to record and analyse invoices or credit notes.This statement is true. Daybooks are used to record and analyse various transactions, including invoices and credit notes.

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