Every co-operative society shall maintain accounts and book for the purpose of recording business transactions by it and close them every year on …………………

Related MCQs

• ………………..was a combination of three erstwhile cooperative institutes namely Cochin Cooperative Institute of 1930, North Malabar Cooperative Union of 1932 and Travancore Cooperative Institute of 1947.
• 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 …………………for recording the proceedings of the general body.
• Every society shall maintain ……………….. , containing all vouchers for contingent expenditure incurred by the society, numbered serially and filed chronologically
• 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 ……………….. , showing daily receipts and expenditure, and the balance at the end of each day.
• Every balance sheet of a co-operative society shall give …………………… view of the state of affairs of the society as at the end of the Co-operative year.
• Every society shall maintain………………..,showing deposits and other borrowings of all kinds.
• ……………………. 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.