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Fictitious Assets - Class 11/12, Book-Keeping and Accountancy, Basic Accounting Terms

Rajiv Vadera

20/01/2019 0 0

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NCERT/CBSE, ICSE/ISC, IGCSE/GCSE, State Boards

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What are Reserves & Provisions? Lets understand in detail-

Provisions:There are some expenses and losses which are specific to incur, but their amount cannot be known with certainty as they are not yet incurred. It is necessary to make provision for such certain...

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Introduction To Accounting: Part 7: Accounting Principles

Just like we have Grammar in English Language, which is basically the rules of English, we have some rules for Accounting as well, known as Accounting Principles. Accounting Principles, Concepts and Conventions...

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X has made the following drawings during 2014-15. Calculate interest on drawings @90% . 1.Rs. 4000 withdrawn...

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