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Commerce · Q310

Accounting

Graduate and Post Graduate · Commerce · question 310

Q310

Which of the following event is subject matter of Accounting?

A.
Death of key executive of the business
B.
Strike of workers
C.
Payment of Rs.1000 to bank in discharge of outstanding loan
Answer
D.
Marriage of the daughter of the MD of the company

Answer: Option C

Solution

Answer: Option C
Solution:
Payment of Rs.1000 to bank in discharge of outstanding loan is subject matter of Accounting.