Account assignment category means. where do we come acros
it. where we specify it.
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Answer Posted / sandhya
aam is used for compound entries.it means if there are more
number of credit's and more number of debit's then we will
use this model.
example:if share capital issued for cash & bank:
entry: cash a/c.........dr
bank a/c.........dr
To equity share capital a/c
To prefernce share capital a/c
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