The indepth knowledge of maintenance of financial records in an organization is obtained from one of the following Posted on:
Double entry book-keeping relies on …… accounting entry to maintain the financial information Posted on:
For every debit entry there must be a corresponding credit entry. This statement presupposes which of the following concepts? Posted on:
Maintaining of proper records both electronic and otherwise is an important step in book keeping and it is called Posted on:
An efficiently managed book keeping system helps in determining all of the following EXCEPT Posted on:
Only material transactions are recorded in the book of account. This is asserted by convention Posted on:
Rules and standards made to enable proper understanding of financial information are called Posted on: