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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Define book-keeping.

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Question

Define book-keeping.

Definition
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Solution

According to R. N. Carter, “Book-keeping is the science and art of recording correctly in the books of account all those business transactions of money or money’s worth”. 

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Chapter 2: Conceptual Framework of Accounting - Very short answer questions [Page 25]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 2 Conceptual Framework of Accounting
Very short answer questions | Q II 1. | Page 25
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