मराठी

Without accountancy, book-keeping is meaningless because mere recording of transactions does not show the results of business. - Commercial Applications

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प्रश्न

Without accountancy, book-keeping is meaningless because mere recording of transactions does not show the results of business.

पर्याय

  • True

  • False

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उत्तर

True

Explanation:

Without accountancy, book-keeping is meaningless because mere recording of transactions does not reveal profit, loss, or financial position. Accountancy interprets and summarises the data to show business results.

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पाठ 11: Nature and Terminology of Accounting - EXERCISES [पृष्ठ १३३]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
पाठ 11 Nature and Terminology of Accounting
EXERCISES | Q I. 3. | पृष्ठ १३३
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