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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Statement of affairs is a ___________. - Accountancy

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Question

Statement of affairs is a ___________.

Options

  • Statement of income and expenditure

  • Statement of assets and liabilities

  • Summary of cash transactions

  • Summary of credit transactions

MCQ
Fill in the Blanks
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Solution

Statement of affairs is a Statement of assets and liabilities.

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Chapter 1: Accounts from incomplete records - Multiple choice questions [Page 30]

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Samacheer Kalvi Accountancy [English] Class 12 TN Board
Chapter 1 Accounts from incomplete records
Multiple choice questions | Q I 2. | Page 30
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