Accountancy, asked by Kartikrojarriya2626, 11 months ago

Conventional system of accounting is dash

Answers

Answered by Aa006raw
8

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Explanation:

There are two systems of Accounting: 1) Cash System of Accounting: This system records only cash receipts and payments. This system assumes that there are no credit transactions. ... 2) Mercantile or Accrual System of Accounting: In this system, expenses and incomes are considered during that period to which they pertain.

Answered by farooquihk
16

Answer:

traditional is your answer friend!

Explanation:

Conventional Accounting System is a traditional method of recording Accounting information. Indian system of accounting is the example of conventional accounting system.

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