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Use the Principle of Mathematical Induction to prove that
Salary Allowances
Additional benefits or compensations provided to employees on top of their regular salary, which may include housing, transport, or medical allowances.
Liquidation
The process of closing a business and distributing its assets to claimants, often done when a company is insolvent.
Going Out Of Business
The process of closing a company permanently, often involving selling off assets and paying off creditors.
Revaluation Of Land
The process of adjusting the book value of land to reflect its current market value, often leading to an increase in assets on the balance sheet.
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