The concept which deals with the exclusion of trivial ite...
The concept which deals with the exclusion of trivial items in the accounting records is
Constituency
Going concern
Materiality
Money measurement
Correct answer is C
No explanation has been provided for this answer.
In a system of incomplete records, the opening capital is determined by preparing ...
Which of the following information is recorded in the returns outwards book? ...
\(\begin{array}{c|c} & Baba & Tude\\ & N & N \\ \hline \text{Capital Accounts 1 Janu...
\(\begin{array}{c|c} & \text{N} \\ \hline \text{Debtors opening} & 4000 \\ \hline \text{Debt...
The accounting system in which only one aspect of transaction is recorded is ...