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Anuj ltd.has a balance of Rs …

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Anuj ltd.has a balance of Rs 14000 in calls in arrers acount and similar of Rs 14000 in calls in advance account. The accountant has ignored this while preparing the balance sheet for that they both relate to share capital and have been set off against each other. Justify this approach.

Posted by Prachi Singh 6 years, 8 months ago

CBSE > Class 12 > Accountancy

3 answers

Parru Kaur Brar 6 years, 8 months ago

but working is very brief....

Parru Kaur Brar 6 years, 8 months ago

yes it can be adjusted

Prachi Singh 6 years, 8 months ago

Plz answer anyone...

ANSWER

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