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I have been to an other conference in Delhi where the
use the single entry system. Debit what comes in!
B. Cola�o
>
> I learnt at a conference in Bangalore that Indian
> governments do not
> follow the double-entry principle of book-keeping.
> If I understood it
> right, this means that while they know how much
> revenue and expenditure is
> expected in the year ahead, they wouldn't know what
> assets and liabilities
> have been created over a long period of time. Or
> even where their money
> has been spent.
>
>
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