What does the term accounting records stand for?

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accounting records

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What does the term accounting records stand for?

accounting records means, in relation to a company, means documents relating to -

  • the assets and liabilities of the company;
  • the company's income and expenditure;
  • the sales, purchases and other transactions in which the company is involved;

You can find more and further information in our Lexicon/Glossary or in the IBC Act.

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