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What is GR/IR account? Why do you maintain that? Explain the
importance of GR/IR clearing account.

Answer Posted / pramod

it is a intreem a/c which provides for our liblities,its
showes that weather goods/invoice has been received for
relevant purshase order item.

most imp it is perform the three way checking

Is This Answer Correct ?    20 Yes 4 No



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