Certainly! Here are some possible examinable questions with answers related to double bookkeeping and the final accounts of a sole proprietor.
### Question 1: What is Double Bookkeeping?
**Answer:**
Double bookkeeping, also known as double-entry bookkeeping, is an accounting method that requires each financial transaction to be recorded in at least two accounts. This system is based on the accounting equation: Assets = Liabilities + Owner's


