Business Studies, asked by lamsysingson9, 1 month ago

write three objective of bookkeeping​

Answers

Answered by sanjudnath
1

Answer:

Gathering basic financial data. Identifying the transactions and events with the financial aspect, i.e. only monetary transactions are to be entered in the books of accounts. Measuring the transactions in monetary terms. Keeping a record of the financial effect of the transactions, in the order in which they arise

Answered by himanshidaga4
1

Answer:

they are:

  1. Ascertainment of Result of operation
  2. Ascertainment of the Financial Position
  3. Prediction of the volume of cash for future
  4. Assessment of Tax Liabilities

I hope this will help u

Similar questions