The concept which states that the affairs of a business i...
The concept which states that the affairs of a business is to be treated as being separate from the private activities of the owner is
Realization concept
Business entity concept
Cost concept
Dual aspect concept
Correct answer is B
The business entity concept states that the transactions associated with a businessmust be separately recorded from those of its owners or other businesses.
Excess of current assets over current liabilities is ...
The document used in government accounting to shoe evidence of cash receipt and payments is the ...
"A business unit is assumed to operate into foreseeable future and earn reasonable net income&q...
The purchases ledger control account is also known as ...