Book Keeping and Accountancy

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Bol In the beginning, there was barter system everywhere in the world. In barter system, commodities were exchanged for commodities. Evolution of money changed this system. Money took importance place in the exchange of commodities. Overall development resulted into increase in the business activities. It became very difficult for businessmen to remember all the business transactions. It created a need of recording of recording business transactions which was later on called book-keeping. In India book-keeping was started by Chanakya Kautilya at the time of famous king Chandrgupta Maurya. He wrote a very famous book about economic decisions. The name of the book is 'Arthshstra'. Book-keeping later on called as 'Deshi Nama'.

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Beschrijving (1)

In the beginning, there was barter system everywhere in the world. In barter system, commodities were exchanged for commodities. Evolution of money changed this system. Money took importance place in the exchange of commodities. Overall development resulted into increase in the business activities. It became very difficult for businessmen to remember all the business transactions. It created a need of recording of recording business transactions which was later on called book-keeping. In India book-keeping was started by Chanakya Kautilya at the time of famous king Chandrgupta Maurya. He wrote a very famous book about economic decisions. The name of the book is 'Arthshstra'. Book-keeping later on called as 'Deshi Nama'.


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