In cash system of accounting, entries are recorded
A. |
When income is earned by a business of expenditure is incurred by it
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B. |
On the basis of actual receipt of cash and actual payment of cash
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C. |
When order for goods to be purchased is placed and order for goods to be sold is received
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D. | All of the above |
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |