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Akshat Sarraf 8 years, 4 months ago

Just if we find to search the sales of month we have to find every transaction of sales so time consuming
Hm
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Akshat Sarraf 8 years, 4 months ago

It is acronym for generally accepted accounting principals These r basic principles which one has to follow always when doing accounting
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Shipra Garg 8 years, 4 months ago

Closing stock is the previous year stock
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Atul Singh 8 years, 4 months ago

Rectification of errors
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Manas Jain 8 years, 4 months ago

Depreciation is the fall in the value of asset due to wear and tear or due to passage of time.
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Somnath Bejo 8 years, 4 months ago

In which subject bro??
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Kritika Trehan 8 years, 4 months ago

real a/c- debit what comes in , credit what goes out.

nominal a/c- debit all expenses and losses, credit all incomes and gains.

Personal: Debit the receiver and credit the giver.

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Akshat Sarraf 8 years, 4 months ago

Closing stock a/c
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