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FOREIGN TRADE — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsFOREIGN TRADE1 Mark
MCQ
Which system states that a balance of payment always balances?
  • A
    Single entry book keeping system
  • ✓
    Double entry book keeping system
  • C
    Accrual account system
  • D
    Both $(A)$ and $(B)$
✓

Answer

Correct option: B.
Double entry book keeping system

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