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2022 PHASE 2 PAPER 2 |84PHASE 02 PAPER 02 YEAR2022ANUJJINDAL.IN85SEBI PREVIOUS YEAR PAPERSANUJJINDAL.IN2022 PHASE 2 PAPER 2 |Commerce and Accountancy Q.1) 70,000 shares of Rs 10 each 7,00,000; NP
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Commerce and accountancy is the field of study that deals with the measurement, processing, analysis, interpretation, and communication of financial information.
Commerce and accountancy reports are usually filed by businesses, organizations, or individuals who need to keep track of their financial transactions.
Commerce and accountancy reports are typically filled out by recording all financial transactions, organizing them into categories, and then summarizing the information to create financial statements.
The purpose of commerce and accountancy is to provide accurate and timely financial information that can help businesses make informed decisions, comply with regulations, and attract investors.
Commerce and accountancy reports typically include details such as income, expenses, assets, liabilities, and equity.
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