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Originally Posted by atifdada
thanks dear question ki statement mai confusion thi .. aur aik cheez k yeh is type k questions ka answer kaha say milay ga like WHAT IS THE PURPOSE OF PREPARING FINANCIAL STATEMENTS ON TIMELY BASIS ??
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This is one of the easiest questions dear. It can be found through internet or any good book of B.Com under the head "Uses and Purposes of Financial Statements"
it's a some what lengthy question otherwise I could have posted it here, you can check it out for guidance at:
http://en.wikipedia.org/wiki/Financi...iness_entities
Quote:
Originally Posted by atifdada
how question no 2 was to be solved in paper 1 accounting assumptions and conventions ?
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Accounting Conventions and Concepts
Please read the above in detail at this link:
http://www.tutor2u.net/business/acco...s_concepts.htm