According to which accounting principle personal expenses of proprietor are recorded in drawings account?
Under which accounting principle quality of manpower is not recorded in the books of accounts?
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Principle which assumes that a business enterprise will not be liquidated in the near future.
Which accounting principle requires that life of a business be broken into smaller parts?
Under which accounting concept fixed assets are recorded at cost without considering the market price (whether low or high)?
Single Entry system ignores ______ of accounting.
Closing stock is valued at lower of cost or market price. Which concept of accounting is applied here?
The debts, which are to be repaid within a short period (year or less) are known as
82 videos|167 docs|42 tests
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82 videos|167 docs|42 tests
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