AS 17 attempts to establish and prescribe principles for..... reporting for an enterprise
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Answer:
what........?.........
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Explanation:
The missing word is daily.
Attempts to establish and prescribe principles for daily reporting for an enterprise.
In accounting it is always adviseble to keep track and update records as much as possible and the better way is to keep record on daily basis rather going for weekly or biwekkly routine. Also many account reocrds change on daily basis so it is necessary to maintain daily record update cycle
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