The business entity concept
...The business entity concept
Seperates the owner's transactions from the business transactions
Records transactions outside the business
Does not seperate the owner's trasactions from the business transactions
Involves other business transactions
Correct answer is A
No explanation has been provided for this answer.
Which of the following fixed assets is not depreciable? ...
The internal users of accounting information are the ...
To account for expenses paid by head office on behalf of the branch, the branch should ...
Company as a legal entity means that it ...
In a sales ledger, contra entry is found on the? ...
A list of all credit and debit balance from the ledger accounts is ...
Capital for a profit making organization is generated through ...
The transfer of money from one sub-head to another in the public sector is ...
Club building 400,000 Subscription prepaid 3,000 Sport kits 150,000 Bar creditors 85,000 Subscri...