Accountancy, asked by omkarmore1222, 11 months ago

Q.1 Answer in One Sentence:
1) What is Book-keeping ?
2) What is meant by Goods?
3) What is Capital?
4) What is Drawings?
5) What is Goodwill?​

Answers

Answered by varunika12
36

Explanation:

Bookkeeping is the recording of financial transactions....

2 Goods are tangible things that are produced, bought or sold...

3Capital can refer to funds raised to support a particular business or project.

4 Any amount withdrawn from bank for personal use..

5 Goodwill is an intangible asset associated with the purchase of one company by another...

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