Answer / shreeram

1) Debit always equals Credit
2) Increases do not necessarily equal decreases
3) Assest - liabilities= owner's fund( accounting equation)

Answer / durgaprasad m

Double accounting system.
Every debit corresponds to credit

variable cost are fixed: 1) for a period 2) per unit 3) depend upon the entity 4) for a particular process of production

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steps for finalisation of accounts and related entries

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Contents of an Invoice receipt

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Why company use sap?

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