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What is the main purpose of the Double Account System for public utility undertakings?a)To show the financial position at a particular date.b)To disclose the sources of capital and their applications in fixed assets.c)To calculate profits and losses accurately.d)To manage current assets and liabilities.Correct answer is option 'B'. Can you explain this answer? for B Com 2025 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 main purpose of the Double Account System for public utility undertakings?a)To show the financial position at a particular date.b)To disclose the sources of capital and their applications in fixed assets.c)To calculate profits and losses accurately.d)To manage current assets and liabilities.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the main purpose of the Double Account System for public utility undertakings?a)To show the financial position at a particular date.b)To disclose the sources of capital and their applications in fixed assets.c)To calculate profits and losses accurately.d)To manage current assets and liabilities.Correct answer is option 'B'. Can you explain this answer?.

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