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company prepares accounts sometimes on cash basis ,
sometimes on accural basis
A)TRUE B)FALSE C)SOMETIMES TRUE D)SOMETIMES FALSE
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Answer Posted / sudha
as per basic accounting concepts, it is compulsory for the
companies to follow accrual system of accounting, hence it
has to follow accrual system at any point of time
| Is This Answer Correct ? | 4 Yes | 0 No |
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