Question

Q8. Accountants worldwide use the triple-entry system to record transactions. दुनिया भर में लेखाकार लेनदेन को रिकॉर्ड करने के लिए ट्रिपल-एंट्री सिस्टम
का उपयोग करते हैं।
OTRUE सही
FALSE गलत​

Answer 1

Answer:

is about planning for the uncertain future and deciding what kind of investments should the business make.

Answer 2

Accountants worldwide use the triple-entry system to record transactions is false.

• The favorable method of recording transactions in the accounting books is the double-entry system.
• It involves recording transactions on the debit and credit sides to show an equal but opposite effect of each transaction.
• It helps in reducing errors, avoiding fraud, and balances the records.
• It also helps in comparing, understanding, and conveying important information to all the users like shareholders, investors, etc.