हिंदी

It is the first stage of maintaining accounts and provides no conclusions. - Commercial Applications

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प्रश्न

It is the first stage of maintaining accounts and provides no conclusions.

विकल्प

  • Accounting

  • Book keeping

  • Book maintaining

  • Book recording

MCQ

उत्तर

Book keeping

Explanation:

Book keeping is the first stage of maintaining accounts and involves the systematic recording of financial transactions. It provides no conclusions or analysis; rather, it lays the foundation for further stages of accounting, where transactions are classified, summarized, and analyzed.

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Distinction Between Accounting and Book-keeping
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Generally Accepted Accounting Principles (GAAP) - EXERCISES [पृष्ठ ८४]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
अध्याय 5 Generally Accepted Accounting Principles (GAAP)
EXERCISES | Q 6. | पृष्ठ ८४
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