Question

In accounts recording is made of .........

Answer 1

Answer:

In Accounts recording is made of only financial transactions. ✔️

Answer 2

Accounts recording:

• All of the documentation and books used in the preparation of financial statements or records pertinent to audits and financial reviews are referred to as accounting records.
• The transactions, journals, general ledgers, trial balances, and financial statements of a corporation are among the accounting documents that are examined.
• The transaction serves as the foundation for all accounting records.