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UPSC EPFO: General Accounting Principles Quiz 2

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Question 1

The business is liable to the proprietor of the business in respect of capital introduced by the person according to:

Question 2

GAAPs are:

Question 3

Accounting does not record non-financial transactions because of:

Question 4

The Particulars required for the preparation of Profit and Loss Account are available from which of the following?

Question 5

Under the annuity method, the amount of depreciation is:
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Jan 8Other State PSC