Explanation:

As per section 2(13) of Companies Act, 2013 Books of Accounts includes records maintained by a company in respect of:

a. All sum of money received and expended by a company and matters in relation to which the receipts and expenditure take place

b. All Sales and Purchases of goods and services by the company,

c. The assets and liabilities of company

d. Cost accounting records for certain specified companies engaged in manufacturing or production of goods.