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Commerce Accounting Difficulty: Medium

'C'u'r'r'e'n't' 'r'a't'i'o' '='

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Written record of the business done at a meeting is known as Which of the following transactions is of capital nature: Whether credit on capital goods can be taken immediately on receipt of the goods? Profit or loss on revaluation is shared among the partners in . . . . . . . . ratio. Future value of interest if it is calculated once a year is classified as