Accountancy, asked by sapna789, 10 months ago

What is narration in accountancy

Answers

Answered by mary724

1

Explanation:

A short explanation of each transaction is written under each entry which is called narration. The subject matter of the transaction can be ascertained through narration. Besides this, if there be any mistake in determining debit or credit aspect of a transaction, it can be easily detected from narration

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