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i) Ledger
- The principal book of account where all entries contained in other books are recorded.
ii) Journal
- A financial book in which daily farm transactions are entered as they occur
iii) Inventory
- A financial book which shows all assets of the farm at a particular time
- It gives an estimated value of all farm assets and also enables him to know that is missing, stolen or lost
iv) Cash book
- A financial book where all transaction which involve cash receipts and payments are recorded.
Kavungya answered the question on March 28, 2019 at 05:38
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