Question

______ covers accounts of whole business relating to all commercial transactions. a. financial accounting b. cost accounting c. environmental accounting d. EVS​

Answer 1

Answer:

environmental accountingis the correct answer.

Environmental accounting is a field that identifies resource use, measures and communicates costs of a company's or national economic impact on the environment.

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Answer 2

______ covers accounts of whole business relating to all commercial transactions.

a. financial accounting b. cost accounting

c. environmental accounting d. EVS​

The correct answer is :

a. financial accounting

Explanation :

__Financial accounting__ covers accounts of whole business relating to all commercial transactions.

A financial account refers to its account, which is a component of the balance of payments of a company or a country. The financial account records all business activities relating to the financial assets of a company.

Whatever business transactions take place in any business, they are recorded in the financial account itself. The financial account covers the liabilities and liabilities relating to assets. A financial account includes all components of gold, currency, derivatives, special drawings and rights, equities and bonds, etc. The financial account is a component of a company's balance of payments.

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Know something more :

The value of abnormal loss is debited on the basis of ?

A. Profit and loss account

B. Consignee's account

C. Consignor's account

D. Consignment account

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Cash remitted by branch but not received by the head office is debited by the head office to?

A. goods in transit

B. cash in transit

C. branch account

D. head office account

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