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Question 1
The rule of stock valuation ‘cost price or realisable value’ whichever is lower is based on the accounting principle of:
Question 2
Accounting does not record non-financial transactions because of:
Question 3
The concept which assumes that a business will last indefinitely is
Question 4
CREDIT signifies:
Question 5
Which of the following accounts will be credited on giving cash donation:
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Other State PSCGeneralJan 8Other State PSC
