Ch3 5 Item Download 2022-10-07 22-17-14

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ncert solutions for class 11 accountancy financial accounting part 1 chapter 3 recording of transactions short answers solutions of questions on page number 79 q1 state the three fundamental steps ...

Filetype PDF | Posted on 08 Oct 2022 | 4 years ago

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...Ncert solutions for class accountancy financial accounting part chapter recording of transactions short answers questions on page number q state the three fundamental steps in process answer are diagrammatically presented below why is evidence provided by source documents important to document following manners it provides that a transaction has actually occurred and relevant information about date amount parties involved other details particular acts as proof court law helps verifying during auditing should be first recorded journal or ledger because complete one entry further forms basis posting into their respective accounts chronological order i e occurrence with help also known book original originally books then given flow chart debits credits listed entries indented per rule double system there two columns format namely debit credit way quite different from normal which column before indentation leaving space writing any word its own jargon while journalising particulars debited...

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Posted on: 08 Oct 2022 | 4 years ago
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