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Commerce Legal Aspects Of Business Difficulty: Medium

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The total accounting value of the capital regularly employed in the business is called as Globalisation can create problems for business because Sales to Shyam of Rs. 500 not recorded in the books would affect: X and Y are partners in a firm having capital balances Rs. 1,08,000 and Rs. 72,000, respectively. They admit Z into a partnership for $${\frac{1}{3}^{{\text{rd}}}}$$ share, and Z brings proportion ate amount of capital. The capital amount of Z is Consider the following: 1. Allowing convertibility of rupee at the market rate in the current account 2. Nationalization of general insurance business 3. Establishment of IDBI 4. Nationalization of life insurance business 5. Capital adequacy norms for commercial banks Arrange the events in the ascending order of their occurrence.