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P2 C6 Conventions, Assumption. Concepts and Principles ofAccounting — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP2 C6 Conventions, Assumption. Concepts and Principles ofAccounting1 Mark
Question
Advance received from a customer cannot be credited to sales account.
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Answer

According to Accrual concept, advance received from a customer cannot be credited to sales account.

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