What are the two basis of accounting? Which basis of accounting is recorgnised under the company act 2013?
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two basic accounting are cash accounting and accrual accounting and it is recognised under the company act 2013 debit and credit
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they are two types of accounting
* cash basis accounting
*accrual basis of accounting
As per companies act 2013 accrual basis of accounting followed .
* cash basis accounting
*accrual basis of accounting
As per companies act 2013 accrual basis of accounting followed .
sujiritha95:
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