The principle of double entry developed from the axioms o...
The principle of double entry developed from the axioms of accounting equation is given as
Assets + Liability = Equity
Assets + Equity = Liabilities
Liabilities + Equity = Asset
Liabilities + Equity = Net assets
Correct answer is C
Liabilities + Equity = Asset is given as the fundamental equation
A list of balance extracted from the ledger is known as ...
A major factor that enhanced the early development of accounting is the? ...
The capital of a sole trader can be increased by ...
One of the options below is not the source of income for non- profit organization ...
Which of the following describes a trial balance? ...
What is the figure for purchases? ...
Which of the following items are current assets? ...
An increase in government expenditure within a year is taken care of by means of ...