Which is the last step of accounting as a process of information?
a. Recording of data in the books of accounts
b. Preparation of summaries in the form of financial statements
c. Communication of information
d. Analysis and interpretation of information
c. Communication of information
Cash received from Karim 6,000 posted to Nadeem.
This is the error of ........................................
State the wrong entry recorded in the book of accounts:
Correct effect should have been:
The rectification entry will be:
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Welcome to the NCERT Solutions for Class 11 Accountancy - Chapter . This page offers a step-by-step solution to the specific question from Excercise 23 , Question 3: Which is the last step of accounting as a process of information? a. Recording of data in the books....
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