The concept the enables a business to determine the actua...
The concept the enables a business to determine the actual profit or loss for a particular period is
accrual concept
business entity concept
consistency concept
going concern concept
Correct answer is A
No explanation has been provided for this answer.
Which of the following subsidiary books involves cash movements? ...
In a public corporation, the capital expenditure incurred in a financial period is? ...
Nwoye buys stock and pays by cheque. The entries in the books of Nwoye is Debit ...
An agreement made by partners to regulate and govern their business activities is known as ...
The objective of the purchase ledger control account is to established the? ...
The excess of net assets acquired over purchase consideration is ...