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The owner of a company included his personal medical expenses in the company’s income statement. Indicate the principle that is violated.a)Cost principleb)Conservatismc)Disclosured)Entity ConceptCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The owner of a company included his personal medical expenses in the company’s income statement. Indicate the principle that is violated.a)Cost principleb)Conservatismc)Disclosured)Entity ConceptCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The owner of a company included his personal medical expenses in the company’s income statement. Indicate the principle that is violated.a)Cost principleb)Conservatismc)Disclosured)Entity ConceptCorrect answer is option 'D'. Can you explain this answer?.

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