According to _________ concept it is assumed that the business will last for long time
A) Accounting entity
B) Going concern
C) Accounting perio
Correct Answer:
Verified
Q39: _ expenditure is increased to maintain the
Q40: _ is the major source of revenue
Q41: _ represent the amount invested by the
Q42: A_ transaction is one where in items
Q43: _ is not a tangible asset
A)Goodwill
B)Land
C)Closing stoc
Q45: Accounting is concerned with
A)Monetary
B)Non- monetary
C)Monetary & Nonmonetar
Q46: Transaction& events not capable of being expressed
Q47: Income is measured on the basics of
A)Entity
Q48: The policy of anticipate no profit and
Q49: In every business transaction at least _parties
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