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Correspondence with Depositors — Secretarial Practice STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeCorrespondence with Depositors2 Marks
Question
Deposit
✓

Answer

Deposit is a short-term source of finance of the company and it is used in order to satisfy the short-term working capital needs of the company.

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