Which of the following will not be recorded in the books of account?
(a) Sales of goods (b) Payment of salary
(c) Quality of staff (d) Purchase of Goods
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quality of staf
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Quality of staff will not be recorded in the books of accounts.
- This is because this transaction involves financial transactions.
- The basic definition of accounting stands as regarding all the transactions which are financial in nature.
- Any other transaction which is not financial in nature but is important for the organisation would not be recorded in the books of accounts.
- Journal is the first book of accounts where the transactions are recorded. The transactions are then classified and posted under the respective ledger accounts.
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