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Exempted income is:
The highest level of market efficiency is_____________.
X and Y are partners in a firm who share profits and losses in 2 : 1. their capital balance are Rs. 50,000 and Rs. 30,000 respectively. If Z with consent of Y takes half of the share of X for Rs. 30,000 then Z's capital account will be credited by what amount.
A debit balance in the income and expenditure account denotes excess of . . . . . . . . over . . . . . . . .