Every company is required to keep at its registered office books of account. These books are to be maintained in such a way so as to disclose
(a) The sums of money received and expended by the company and the matter in respect of which the receipt and expenditure has taken place.
(b) All sales and purchases of goods of the company.
(c) All assets and liabilities of the company.
J. BoomiNathan is a writer at SenseCentral who specializes in making tech easy to understand. He covers mobile apps, software, troubleshooting, and step-by-step tutorials designed for real people—not just experts. His articles blend clear explanations with practical tips so readers can solve problems faster and make smarter digital choices. He enjoys breaking down complicated tools into simple, usable steps.
