Year 9 - Accounting - 8-9-15

Thai Sikh International School

E-Learning Programme – Online Assignment –   8.9.15

Name :  Anita Natarajan                                                                         Subject :Accounts

Year   :  9                                                                                                   Schedule No. : 1                                

  Answer the following questions:

    1.      What is book keeping ? How is it different from accounting?

    2.      What is included in the term financial statements ?

    3.      What system is followed to record business transactions ?

    4.      Give the meaning of asset, liability and capital