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P1 C2 Dual Effect of Transactions and Types ofAccounts — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP1 C2 Dual Effect of Transactions and Types ofAccounts2 Marks
Question
Explain other transactions:
✓

Answer

Real transactions which are neither cash nor credit and are required to be recorded in the books of accounts are known as special transaction. Or other transaction. e.g. goods stolen away. goods given for advertisement.

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