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has two aspects. iii) Journal is a book of entry. iv) IFRS stands for v) Depreciation is not valuation but an of cost. vi) Wages
has two aspects. iii) Journal is a book of entry. iv) IFRS stands for v) Depreciation is not valuation but an of cost. vi) Wages paid for erection of the machinery are debited to account. vii) The arrangement of Assets and Liabilities in the Balance Sheet is called
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