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If a customer is become insolvent and there is nothing paid by him this case comes to revaluation A/C on which side
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If a customer is become insolvent and there is nothing paid by him thi...
it is an expense for the business ....so it is written in debit side
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There is a controversy raging over the entry of giants such as Tesco and Wal-Mart into India after the government last week permitted foreign direct investment (FDI) in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that is behind the competitive edge of big retail chains.In 2009, Wal-Mart picked Bangalore-based Infosys Technologies and India-centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software. Indian talent figures in all this.Infosys was an early adapter of Wal-Mart’s move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost. Last year, Wal-Mart also acquired Kosmix, a cutting-edge search engine, founded by Indian-born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquire d). Now Kosmix is a part of WalMart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the “Hindustan Service Centre”. The British retail chain says 6,000-employee-strong HSC’s strategic initiatives cover the “IT, business, financial, commercial and property aspects.” In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q. According to the passage, which of the following are the essential elements in the success of retail giants? The use of technology to maintain an advantage over others. Sales and marketing strategies based on an analysis of customer data. Maintenance of large inventories to bring the benefits of low cost to the customer.Select the correct answer using the code given below.

If a customer is become insolvent and there is nothing paid by him this case comes to revaluation A/C on which side
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If a customer is become insolvent and there is nothing paid by him this case comes to revaluation A/C on which side for Class 12 2025 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about If a customer is become insolvent and there is nothing paid by him this case comes to revaluation A/C on which side covers all topics & solutions for Class 12 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a customer is become insolvent and there is nothing paid by him this case comes to revaluation A/C on which side.
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