Answer / b.narasimha rao

THE PUBLIC COMPAY START WITH 7MEMBERS AND MAXIMAM UN LIMITED

PRIVATE COMPANY START WITH MINIMAM 2 MEMBER AND MAXIMAM 50
MEMBERS

IN PUBLIC COMPANY SHARES ARE TRANSFER BETWEEN SHAREHOLDERS
FREELY BUT IN PRIVATE COMPANY SHARES TRANDFERED RESTRICTED

WHAT IS DIRECT EXPENSES

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Expand---------MDTR

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Accounting records only transactions which are expressed in ---------------------

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fill in the Blanks A gift below __________from other than relatives will be exempted from income

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