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Meaning of accounting terms

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(Querist)
14 January 2015 meaning of allowances., apprentice in accounting. .
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
15 January 2015 Allowances - the amount of something that is permitted, especially within a set of regulations or for a specified purpose.
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Rupesh Jain

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Rupesh Jain (Expert)
15 January 2015 allowance- amount for any exp. to be bear
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