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what is mean by account

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what is mean by account..

Answer / guest

it is an evaluating the Business

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what is mean by account..

Answer / touqeer hassan

A record or statement of financial expenditure and receipts relating to a particular period or purpose.

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purchased a laptop for Rs.50000 and received one calculator costing Rs.1000 for free. Both laptop and calculator (stationery in nature) are meant for office use.What will be the journal entry in the books of both the parties?

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