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Resignation by a marketing manager is …

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Resignation by a marketing manager is not recorded in the books of account.why?

Posted by Mansi Chidar 5 years ago

CBSE > Class 11 > Accountancy

2 answers

Mansi Chidar 5 years ago

Thanks

Yogita Ingle 5 years ago

In the given case,it has been stated that the Marketing Manager had resigned from his post and such resignation was not recorded in the books of Accounts of the organisation.
The treatment of such resignation,of not recording it,by the organisation is correct and justified.
In the books of accounts,only those transactions are recorded which can be expressed in monetary terms ignoring the qualitative aspects of such transactions.
The resignation of Marketing Manager is a case of Human Resource Management and therefore,cannot be recorded in the books of accounts.

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