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meaning of ordinary course of business
Which type of business we call as a ordinary course of business
Replies (2)
Principal Revenue generating Activity is called ordinary course of business. For example you deal in trade of cloths and occasionally deal in steel produt. In such case your ordinary business is dealing in cloths.
For example if you are an auditor of Uber company and you are using Uber cab for your personal perpous and paying money adequately which others will pay at same cost.
any transaction which is held between company and others
any transaction which is held between company and others
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