Question

the main objective of book - keeping is a. complete recording transaction b. ascertainment of financial effect on buissness c.analysis and interpretation of data d. both a and b​

Answer 1

Answer:

The answer is option "A" and B

Explanation:

Book-keeping only deals with recording and classifying business transactions.

Whereas, it is accountancy that deals with recording, classifying, analysis and summarizing of business transactions.

Hence, please understand that book-keeping is the subset of accountancy.

However, book-keeping helps us ascertain or make sure that the financial effect of the business is shown correctly. Thus, the answer is A and B or option d.

Hope this helps:)

Answer 2

Answer:

option c is correct answer