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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

In double entry system of book keeping, every business transaction affects _________. - Accountancy

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Question

In double entry system of book keeping, every business transaction affects _________.

Options

  • Minimum of two accounts

  • Same account on two different dates

  • Two sides of the same account

  • Minimum three accounts

MCQ
Fill in the Blanks

Solution

In double entry system of book keeping, every business transaction affects Minimum of two accounts.

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Double Entry System
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Chapter 3: Books of Prime Entry - Multiple choice questions [Page 58]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 3 Books of Prime Entry
Multiple choice questions | Q I 10. | Page 58
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