In accounting, a transaction consists of

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Target Exam

CUET

Subject

-- Accountancy Part C

Chapter

Overview of Computerised Accounting System

Question:

In accounting, a transaction consists of data elements which includes:

(A) Name of Account
(B) Accounting Code
(C) Date of Transaction
(D) Amount

Choose the correct answer from the options given below:

Options:

(B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(D) only

Correct Answer:

(A), (B), (C) and (D)

Explanation:

Right Answer not mentioned in NTA Answer key