4. A. Morley makes a cash payment to S. Jones, a supplier. This transaction is recorded in the Cash book and S. Jones' account. Which accounting concept is being applied? Business Entity B. Double Entry c. Money Measurement Realisation of Revenue 10) D. 5. A. B. Why should all accrued revenue be shown in the final accounts? This allows the income of a period to be matched against the costs of that period. This gives a definitive amount owed to the business by trade suppliers. This prevents the full amount due being transferred to the Profit & Loss account This results in the correct total of fixed assets being shown in the balance sheet. c. D [1] 6. A. When does Troy's Wholesale issue a debit note? when it receives goods from a supplier when it receives returns from a customer when it returns goods to a supplier when it sends goods to a customer B c. D. (0) 7. Which book of original entry is also known as a ledger account? A. Cash Book B. General Journal C. Purchases Journal D. Sales Journal 11)