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1) In question, will they ask to do the Answer in a particular method of date calculation, Do we need to learn both methods of date calculation. 2) In backward method of date calculation, we should take the first transaction date or first due date,which one as base date. 3) Can backward method of date calculation be used in Interest method also or only in product method.
Answers (6)
CA Suraj Lakhotia Admin
You need to learn both methods.
Will they ask to do the Answer in a particular method of date calculation.