Accountancy, asked by harshmotghare8, 9 months ago

accounting records:
(a) transactions which can be measured in terms of money
(b) only significant transaction
(c) transactions relating to higher management
(d) none of the above ​

Answers

Answered by abcxyz79
1

Answer:

Accounting records transactions in terms of monetary units. As per Money measurement concept, only those transactions or events which can be converted in monetary terms are to be recorded. Hence, an event like efficiency of the manager cannot be recorded in the books of accounts.

Explanation:

hopes it helps you

Similar questions