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Contents: NCERT Solutions for Class 11th: Ch 1 Introduction to Accounting Accountancy Theory Base of Accounting Class 11 Important Question and Answers Reference Book Solutions Related Terms ‘Debtor’ means not only goods and services client but also to an individual who borrowed money from a bank or lender. For example, if someone take a loan… Continue reading Distinguish between debtors and creditors; Profit and Gain Accountancy

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