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Preparing Contract Note in the Stock Exchange
Clerk takes the details of the day's transaction to the broker at the end of working day. Broker scrutinizes all transactions of the day and prepares a contract note and signs it on a prescribed form. Contract note gives the details of the contract for the sale or purchase of securities. It records number of shares, rate and date of purchase or sale.
Significance of Investment Decisions a) Such type of decisions is importance since they will influence the company's size or like fixed assets, retained and sales earnings.
BalanceSheet format
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