Bs raman accountancy book 2nd puc pdf

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Accounting is the process by which financial information about a business is recorded, classified, summarized, interpreted, and communicated. The basic accounting equation is the key, key, key, key, key equation behind the entire subject. Recording of all joint venture transactions in the books of each of the. Syllabus of office practice management mangalore university. Amar,akbarandanthonyarepartners sharing profits and losses in theratio of5. Figure 1 shows how an accounting system operates in business and how the flow of information occurs.

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