5 years ago in Basic Accounting

Accounting in modern age is regarded as ?

[A] The art of recording,classifying and summarizing the business transactions in monetary units
[B] The language of business
[C] The source of business information
[D] All of above
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Answers

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Guest
Manas Kr Baidya - 3 years ago

Should be Option D

trupti sahoo
trupti sahoo - 4 weeks ago

trupti sahoo from Bhubaneswar, India is saying The art of recording,classifying and summarizing the business transactions in monetary units is correct answer

Ãlì Ñâ
Ãlì Ñâ - 2 months ago

Ãlì Ñâ from Guwahati, India is saying The art of recording,classifying and summarizing the business transactions in monetary units is correct answer

Sourabh Guntur
Sourabh Guntur - 4 months ago

Sourabh Guntur from Malkajgiri, India is saying The art of recording,classifying and summarizing the business transactions in monetary units is correct answer

Ajay singh rajpoot
Ajay singh rajpoot - 5 months ago

Ajay singh rajpoot from Jaipur, India is saying The art of recording,classifying and summarizing the business transactions in monetary units is correct answer

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Accounting is the process of matching

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  • [B] Revenues and Costs
  • [C] Cash inflows and outflows
  • [D] Potential and real performance

Which of the following event is subject matter of Accounting ?

  • [A] Death if key executive of the business/company
  • [B] Strike of workers
  • [C] Payment of Rs.10,000 to bank in discharge of outstanding loan
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