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I want 25 transactions of accounts class 11 |
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Answer» The fundamental steps in the accounting process are diagrammatically presented below.The evidence provided by the source document is important in the following manners:It provides evidence that a TRANSACTION has actually occurred.It provides important and relevant INFORMATION about DATE, amount, parties INVOLVED and other details of a particular transaction.It acts as a proof in the court of law.It helps in VERIFYING transactions during the auditing process. |
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