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What is the purpose of maintaining a 'Memorandum Book' for outstanding assets and liabilities?a)To keep track of all nominal accountsb)To calculate depreciation expensesc)To maintain real accountsd)To track and disclose unpaid expenses and accrued incomesCorrect answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the purpose of maintaining a 'Memorandum Book' for outstanding assets and liabilities?a)To keep track of all nominal accountsb)To calculate depreciation expensesc)To maintain real accountsd)To track and disclose unpaid expenses and accrued incomesCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the purpose of maintaining a 'Memorandum Book' for outstanding assets and liabilities?a)To keep track of all nominal accountsb)To calculate depreciation expensesc)To maintain real accountsd)To track and disclose unpaid expenses and accrued incomesCorrect answer is option 'D'. Can you explain this answer?.

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