A counting house wasA) the place where railroad companies planned their train schedules and freight rates.B) the place where the paperwork for a merchant's commercial transactions was completed.C) a corporation's central warehouse.D) A bank.

Question

A counting house wasA)  the place where railroad companies planned their train schedules and freight rates.B)  the place where the paperwork for a merchant's commercial transactions was completed.C)  a corporation's central warehouse.D)  A bank.

Karan Sangha · Accepted Answer

Final Answer : B, Explanation :  A counting house was a merchant's office where the paperwork for commercial transactions such as bookkeeping, billing, and correspondence was conducted. It was a precursor to modern-day accounting firms or departments.

A counting house was

A) the place where railroad companies planned their train schedules and freight rates.
B) the place where the paperwork for a merchant's commercial transactions was completed.
C) a corporation's central warehouse.
D) A bank.

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