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State the classified balance sheet
ASSETS
Current Assets are cash and any other assets which are expected to be realized in cash, sold, used up or expire within one year. These are listed on balance sheet according to their liquidity. Plant Assets are assets which are expected to be used in the business for longer than one year.
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procedure followed in government system of accounting in india
Q. What is Timeliness? The Timeliness requires accountants to provide accounting information at a time when it perhaps considered in reaching a decision. Usefulness of informat
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