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Balbharati Solutions, Chapter 1, Introduction to Book – Keeping, and, Accountancy, Maharashtra board, Do you agree, or disagree, with the following statements,

07 Nov 2020 8:23 am

Do you agree or disagree with the following statements

1Accounting is useful only to the owner.

  • agree
  • disagree

2.Book-keeping is an art, science and profession.

  • Agree
  • Disagree

3.Bills Payable is an asset of the business.

  • Agree
  • Disagree

4.In Book-keeping and Accountancy, only non-monetary transactions are recorded.

  • Agree
  • Disagree

5.Totalling of Journal or Ledger is called as casting.

  • Agree
  • Disagree

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