……………………. is the art of recording all the business transactions in the books of account and is mainly related to books of original entry as well as the ledger.

Related MCQs

• Every co-operative society shall maintain accounts and book for the purpose of recording business transactions by it and close them every year on …………………
• A statement which contains a classified summary or list of all closing balances of the General Ledger is known as the ………………….
• The act of establishing the accuracy and authenticity of entries in the account books is called …………
• A ………….. is documentary evidence in support of a transaction in the Books of account
• Every society shall maintain …………………for recording the applications for membership containing the name and address of the applicant.
• Every society shall maintain …………………for recording the applications for membership,the number of shares applied for and in case of refusal, the date of communication of the decision refusing admission to the applicant.
• Every society shall maintain ……………….. showing the indebtedness of each member to the society whether on account of loan taken directly by him or on account of loan which he stands as surety.
• Every society shall maintain …………………for recording the proceedings of the general body.
• ………………… is mainly concerned with the summary and analysis of the record furnished by Bookkeeping.
• ……………..will be acquired only by co-operatives which undertake publication of books.