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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

The business is liable to the proprietor of the business in respect of capital introduced by the person according to ________. - Accountancy

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Question

The business is liable to the proprietor of the business in respect of capital introduced by the person according to ________.

Options

  • Money measurement concept

  • Cost concept

  • Business entity concept

  • Dual aspect concept

MCQ
Fill in the Blanks

Solution

The business is liable to the proprietor of the business in respect of capital introduced by the person according to Business entity concept.

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Accounting Principles
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Chapter 2: Conceptual Framework of Accounting - Multiple choice questions [Page 24]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 2 Conceptual Framework of Accounting
Multiple choice questions | Q I 1. | Page 24
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