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16 Marks Questions:

Principles of Accounting

Jul

Introduction – Meaning – Objectives – GAAP – Concepts and Conventions �...

Jul

Meaning – Credit sales – Debtors – Creditors – Drawer – Drawee – fea...

Jul

Average due date – Account Current – interest method, product method, ……...

Jul

Rectification of errors – Final accounts – Adjustments : Provision for bad a...

Jul

Non profit organization – Meaning – Types: Social clubs, Sports clubs, Educa...