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P1 C1 Accounting and Its Terminology — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP1 C1 Accounting and Its Terminology1 Mark
Question
Write the bases for preparing accounts through Double entry accounting system.
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Answer

Accrual or Mercantile base Cash or receipt base Hybrid method - Mixed method are the bases for preparing accounts through Double entry accounting system.

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