Liability accounts will normally have __________ balances.
______ is the art of recording, classifying and summarizing the transactions and events of a business and interpreting the results thereof.
In order to achieve the stated objectives, an organization requires utilizing its ______ in the best possible manner.
Book keeping is the science and art of correctly recording in books of accounts, all those business transactions that result in the transfer of money or money worth." Who gave this definition?
"Book- keeping is the art of recording business dealings in a set of books." Who gave this definition?
Which one of them is the objective of book-keeping?