Which of the following concepts recognizes the principle ...
Which of the following concepts recognizes the principle of double entry?
Business entity
Accrual
Going concern
Dual aspect
Correct answer is D
Dual aspect concept ensures the mathematical accuracy of all records. It states that there are two aspects of accounting: one debit and one credit.
Which of the following statements is no correct? ...
The major feature of a journal is that it has ...
Given: Capital ...........N1000 Liabilities........N500 Assets.............N1500 The accountin...
''Below the line'' item in public sector accounting means such an item is........
The accumulative fund of a non-for-profit making organization is ...