Question

Journalise the following transaction in the book of Paranram.​

Answer 1

Answer:

B. Read the following statements – Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Primary data involve more time and expenses.

Reason (R): Primary data are collected for the first time from the sources of data.

a. Both Assertion (A) and Reason (R) are true and Reason(R) is the correct explanation of Assertion (A)

b. Both Assertion (A) and Reason (R) are true and Reason(R) is the not correct explanation of Assertion (A).

c. Assertion (A) is true but Reason(R) is false. d. Assertion (A) is false