Modern Accounting is based on :
Modern Accounting is based on :
Solution
✅ Correct Option: 3
Modern accounting is based on the Double Entry System, which records every transaction in at least two accounts (one debit and one credit), ensuring the accounting equation remains balanced and enabling preparation of complete financial statements.
Related questions:
2023: 29 May Shift 2
2023: 11 June Shift 3
2025: 24 May Shift 1
2025: 24 May Shift 1
2025: 3 June Shift 1