Why is it useful to keep separate records of cash and credit sales in an Indian food enterprise?
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Answer and explanation
Correct answer: To understand actual cash availability and pending amount
Separate records help financial control. Exam tip: connect credit sales with cash flow.
Frequently asked questions
What is the correct answer to this question?
To understand actual cash availability and pending amount
Why is this the correct answer?
Separate records help financial control. Exam tip: connect credit sales with cash flow.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Indian cuisine.
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