Accountancy, asked by hardeep8712, 6 months ago

Accrual basis of Accounting is the recognized system of Accounting under the Companies act 2013. *

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Answered by priyanshi17229

Answer:

Under the Companies Act 2013 (Section 128), Books of Accounts shall be kept on accrual basis and according to Double Entry System of Accounting. The Books of Accounts and relevant papers may be kept at other place in India as BOD may decide.

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