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SHANKAR NARAYAN COLLEGE OF ARTS & COMMERCE SYBA Semester III December 2020 Subject: Book Keeping Marks: Time: 1 hr Date: Multiple Choice Questions 1) Excess of income over expenses is ___.(chp. 1
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SYBA - Business Communication refers to the specific form that businesses use to report information regarding their business activities and financial transactions to government authorities, ensuring transparency and adherence to regulations.
Any business entity, including corporations, partnerships, and sole proprietors engaged in taxable activities, is required to file SYBA - Business Communication.
To fill out SYBA - Business Communication, businesses must gather relevant financial data, complete the form accurately with all requested details, and ensure all calculations are correct before submission.
The purpose of SYBA - Business Communication is to provide regulatory agencies with detailed insights into a business's financial activities, ensuring compliance with tax laws and regulations.
The information reported on SYBA - Business Communication typically includes business income, expenses, deductions, and any other financial data relevant to the operational activities of the business.
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