Non monetary transactions are not recorded …
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Posted by Shreya Shah 1 year, 1 month ago
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Harsh Sodani 1 year, 1 month ago
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Preeti Dabral 1 year, 1 month ago
Non-monetary transactions are not recorded in the book of accounts. For example, the skill level of the human resource an organisation possesses. The same is not recorded because it can not be measured. It is intangible and just can't be measured or valued.
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