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Answer Posted / anil yadav
Assets and expences debitd
All expences in debited.
Assets expences so shown in debitd
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Distinguish capital and revenue expenditure
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i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???
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EXPAND______________IARCS
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Transfer nett profit of Rs 325000/- to Reserves and Surplus
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