What is Mahajani method (Indian method) of Accounting? Write its characteristics.
Answers
Mahajani is a Laṇḍā mercantile script that was historically used in northern India for writing accounts and financial records in Marwari, Hindi and Punjabi.[1] It is a Brahmic script and is written left-to-right. Mahajani refers to the Hindi word for 'bankers', also known as 'sarrafi' or 'kothival' (merchant).
Characters Edit
It has fewer vowels than most North Indian scripts, and the use of them is optional. The vowels i and u can represent both their short and long forms in addition to diphthongs and related vowels. Since vowels are optional, they must be interpreted in context for most Mahajani texts. There are no special conjunct consonant forms, and there are no viramas to indicate them. Nasalization, if indicated, is typically represented by 'na'. It also has various fraction marks, accounting marks, and textual organization marks, to indicate paragraph and word spacing, and abbreviation, punctuation, and space marks. As many Mahajani texts are accounting books, accounting symbols have been found, but they are undergoing further research for proper encoding. It also uses a Devanagari-like baseline only to mark title headings on texts, not like in Devanagari where the baseline is an integral part of the characters. Some characters also have glyphic variants, which can be found in greater detail in the Unicode Proposal.