Booking keeping and Accounting
1.Means the same and are used interchangeably
2.Does not mean the same and are not used interchangeably
3.Means both (a) and (b)
4.None of the above
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Booking keeping and Accounting
1.Means the same and are used interchangeably
2.Does not mean the same and are not used interchangeably
3.Means both (a) and (b)
4.None of the above
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Accounting is the process of systematically recording, measuring and communicating information about financial transactions. The three major financial statements produced by accounting are the profit and loss statement, the balance sheet and the cash flow statement. ... What does ''abatement'' mean in accounting?
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Answer:
b is the correct answer
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