Q: Book-keeping is mainly concerned with?
(a) : Recording of a financial data relating to business transactions
(b) : Designing the systems in recording, classifying, summarizing the recorded data
(c) : Interpreting the data for internal and external users
(d) : All of these
(e) : none
Answer: Recording of a financial data relating to business transactions
Explanation:
Explanation:
Q: A balance sheet is prepared to find out financial position of a firm?
(a) : For a specified period
(b) : On a particular date
(c) : At the time of sale of business
(d) : All of these
(e) : none
Answer: On a particular date
Explanation:
Explanation: