In Book-keeping & Accountancy nonmonetary transactions are also recorded.

Question

In Book-keeping & Accountancy nonmonetary transactions are also recorded.

State whether the following statement are true or false with reason :

Monjur Alahi

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2025-01-04 04:42

1 Answers

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

This statement is False.

Only monetary transactions are recorded in Book-keeping & Accountancy. It is done to find financial results for the purpose of analyzing and interpreting.

5 views Answered 2023-02-05 15:29