Advertisements
Advertisements
Question
Define book-keeping.
Advertisements
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”.
APPEARS IN
RELATED QUESTIONS
Answer in One Sentence:
What is Book-keeping?
Give the word term or phrase which can substitute the following statement:
Amount invested in business by the proprietor.
Give the word term or phrase which can substitute the following statement:
Art and science of recording business transactions.
State whether the following statement is true or false with reasons:
Book-keeping and accounting are one and the same thing.
Do you agree or disagree with the following statements :
Book-keeping is an art, science and profession.
What is meant by accounting concepts?
Answer in One Sentence:
What is meant by Goods?
Answer in One Sentence:
What is meant by Goods?
Answer in one sentence:
What is meant by Goods?
Answer in One Sentence:
What is meant by Goods?
