(17) Describe merits of Indian System of Book Keeping.
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Benefits of Bookkeeping
Detailed Recording. A thorough, dedicated bookkeeper will always keep detailed records up to date. ...
Always Compliant with the Law. ...
It Is Easier to Plan. ...
Instant Reporting. ...
Better Relations with Banks and Investors. ...
Better Tax Prediction. ...
Faster Business Response Time. ...
Faster Financial Analysis
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