Question

Review paper 2
A. Fill in the blanks
1. Accounting is a __________of recording. Of financial transactions.
2. Where book keeping ends,______ starts.
3. Book keeping is a systematic record of all __________ transactions.
4. Scope of accountancy is _________ than that of book keeping.
5. Accounting records can be produced as _______in a court of law.
6. In every transaction at least ______parties are involved.
7. _______ is regarded as the father of modern accounting.
8. Once financial transactions are identified,the next step is _________.
9. Accounting records transactions of _______ nature.
10. __________ is a tangible asset.​

Answer 1

Answer:

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