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Question
State whether the following statements are true or false :
Book-keeping is an art as well as science.
Book-keeping is an art as well as science.
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Solution
True
Explanation:
Book-keeping is an art of recording business transactions. It is also a science, as it classifies the facts (data), analyses them and produces different results on the basis of various rules, accounting principles etc.
Explanation:
Book-keeping is an art of recording business transactions. It is also a science, as it classifies the facts (data), analyses them and produces different results on the basis of various rules, accounting principles etc.
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