i. Accounting is useful only to the owner. ii. Book-keeping is an art, science, and profession.
Do you agree or disagree with the following statement:
i. Accounting is useful only to the owner.
ii. Book-keeping is an art, science, and profession.
iii. Bills Payable is an asset of the business.
iv. In Book-keeping and Accountancy, only non-monetary transactions are recorded.
v. Totalling of Journal or Ledger is called casting.
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