Question

class 9th science chapter chapter and chapter​

Answer 1

Answer:

In our daily life, we do calculate and keep track of the record of our monthly income against all the expenses. Similarly, business individuals follow this task of calculating and keeping track of their income and expenditure. This income and expenditure account is prepared for tracking the income and expenses of the business to know the surplus earned and deficit incurred in a period. Without this account, it would be havoc knowing where the money flowed at the end of the business cycle.In this context, we are going to take up the discussion of what exactly an income and expenditure account is, what item comes in this account, and other such important aspects that will be dealt with here.

please tell which chapter