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प्रश्न
State True or False with reasons:
Double Entry System of Book-keeping is scientific method of books of accounts
पर्याय
True
False
MCQ
चूक किंवा बरोबर
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उत्तर
This statement is True.
In Double Entry System, for every monetary transaction, at least two effects are to be passed and every type of accounts are to be considered for preparing books of accounts. Therefore, Double Entry System of bookkeeping is the scientific method of books of accounts.
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