Telegram group: T.me/BBCNOUN [AEC306] Subsidiary books in book keeping is otherwise known as ---------------- books of original entry [AEC306] The keeping of personnal accounts is the main characteristic of -------------- system of book keeping. single-entry [AEC306] .----------- a measure of profitability measuring the rate of return that the farm business earns on its average asset base over the period returns on product sales [AEC306] Every debit entry must have a corresponding credit entry is the first golden rule in ----------- sysytem of bookkeeping double-entry [AEC306] The following are the records required for balance sheets except -------------- debt payments [AEC306] As a general rule, a farm business having between 25% to 40% of its assets financed is in a ------------- position. moderate [AEC306] Two common bookkeeping systems used by businesses and other organizations are the single-entry bookkeeping system and the -------------- bookkeeping system double-entry [AEC306] The following computer software are for general cash accrual accounting system except ----------------------- PCMars [AEC306] The computer software that can be used for simple cash systems is ------------------ Quicken [AEC306] The ------------- provides an overall financial snapshot of the farm business on specific date balance sheet