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Question
As per the provisions of the Companies Act, 2013, companies must maintain their accounts under __________________.
As per the provisions of the Companies Act, 2013, companies must maintain their accounts under __________________.
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Solution
The correct option is C Double entry system
Companies Act, 2013 requires every company to keep and maintain at its registered
head office books of accounts and relevant documents and the
financial statements for each FY (financial year) that provides a true
and fair picture of the company's state of affairs which
includes its branch offices and other offices.
Companies Act, 2013 requires every company to keep and maintain at its registered head office books of accounts and relevant documents and the financial statements for each FY (financial year) that provides a true and fair picture of the company's state of affairs which includes its branch offices and other offices.
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