Accountancy, asked by 7045515469, 1 year ago

Need and importance journalising household transaction for a month

Answers

Answered by Tanau1
1
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Answered by Raghav1330
1

In any type of business, recording of family related transactions can also be fruitful.

Like, it will help you learn how much you spend on a particular month as a tuition fee for your children, grocery, entertainment etc.

Moreover, you will understand how much money you can save (or per year). In addition to this, you can spend your money when you know the amount spent on each item.

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