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Introducing new Paper mode
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- Multiple ChoicePlease save your changes before editing any questions.
Accounting Equations means
A=L+C
L=A+C
C=L+A
DEBIT=CREDIT
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FINAL ACCOUNTS otherwise called ...............
- Multiple ChoicePlease save your changes before editing any questions.
GROSS PROFIT=...........- ..........
SALES-COST
NET SALES - COST OF GOODS SOLD
PURCHASES - SALES
OPENING STOCK- CLOSING STOCK
- Multiple ChoicePlease save your changes before editing any questions.
DEBIT EQUALS TO CREDIT -WHICH CONCEPTS?
DUAL ASPECTS
GOING CONCERN
MATCH CONCEPTS
MONEY MEASUREMENT CONCEPT
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AICPA MEANS......
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FATHER OF ACCOUNTING.....