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How can a shopkeeper maintain the daily data in tally
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what is bankrupt? asked on 30/7/09
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Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
why inward bill register (IBR)not called as Bills Payable?
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