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Tells financial gain and loss - Accounting evaluates the gain and decline which helps the administration to research The online revenue gained and decline incurred throughout the 12 months.
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When stock certificates’ are being transferred from 1 operator to another, the old certificates are despatched into the transfer cent, who cancels them, will make the necessary entries during the stockholders subsidiary ledger, and prepares a different certificate for the new owner on the shares.
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