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Debit & Credit for Sales

The books of ...

Question

The books of account of a company should be preserved for a period of not less than_________.

A

2 years

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B

5 years

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C

8 years

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D

10 years

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Solution

The correct option is D 8 years
A company is required to maintain its books of account and vouchers for a period of 8 years immediately preceding the current year.

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