Question
Which of the following books is NOT mandated to be
maintained under the Companies Act, 2013?Solution
Section 128 of the Companies Act, 2013, requires every company to maintain proper books of account. These typically include a Cash Book, a Journal, and a Ledger to give a true and fair view of the company's affairs. A Petty Cash Book, while an essential and practical tool for tracking small, routine expenses, is not specifically mandated by the Act. It is a subsidiary book, and its function can be subsumed within the main Cash Book.
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Fill in blank 62 with the most appropriate word.
Happiness, its pursuit and examining its essential nature have been considered the domain of philosophy, an ephemeral rather than tangible value.&hellip...
