Resignation given by the Marketing Manager is not recorded in the books of accounts. Why?
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Explanation:
In the books of accounts we record only those transactions which can be expressed in the monetary terms ignoring the qualitative aspects. As in this case the resignation by the Marketing Manager cannot be expressed in the monetary terms, so it is not recorded in the books of accounts.
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- why? In the books of accounts we record only those transactions which can be expressed in the monetary terms ignoring the qualitative aspects. As in this case the resignation by the Marketing Manager cannot be expressed in the monetary terms, so it is not recorded in the books of accounts.
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