Question

the head under which transactions pertaining to a person, institution, firm, expenses, assets etc. is recorded is is called-(a) fixed asset (b) account (c) journal (d)Cashbook​

Answer 1

Answer:

correct answer- option b account

Explanation:

hope it helps u

Answer 2

Answer:

Accounts is the head under which transactions pertaining to a person, institution, firm, expenses, assets etc. is recorded

Step by step explanation:

Ledger accounts that contain transactions related to individuals or other organizations with whom your business has direct transactions are known as personal accounts. Some examples of personal accounts are customers, vendors, salary accounts of employees, drawings and capital accounts of owners, etc.