Question

Assertion-Reason Type Questions
37. Statement-I “Accountancy starts where book-keeping ends." Statement-Il "Accountancy refers to the entire body of the theory and practice of Accounting." (A) Both statements are true and Statement-ll is the correct explanation of statement-1 (B) Both statements are true but statement-Il is not the correct explanation of statement-1 (C) Statement-I is true, but statement-ll is false (D) Statement-il is true, but statement-I is false.
38. Statement-I "Book-keeping is the language of business." Statement-Il “Book-keeping is an Art or Science." (A) Both statements are true and Statement-Il is the correct explanation of statement- (B) Both statements are true but statement-ll is not the correct explanation of statement- (C) Statement-l is true, but statement-ll is false (D) Statement-Il is true, but statement-I is false.​

Answer 1

Answer:

(C) Statement-l is true, but statement-ll is false

Answer 2

Answer:

37. (B) both statement are true but statement 2 is not the correct explanation of statement 1

38. (A)