Why could the Mahajani system of accounting not make much headway?

1.	Why could the Mahajani system of accounting not make much headway?
Answer» Mahajani System of accounting could not develop because of: 1. lack of its literature and research. 2. its failure to match with the high status of the English system. 3. Paucity of good, books to impart knowledge to the businessmen, about this system of accountancy.

Answer»

Mahajani System of accounting could not develop because of:

1. lack of its literature and research.

2. its failure to match with the high status of the English system.

3. Paucity of good, books to impart knowledge to the businessmen, about this system of accountancy.

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