Solved

According to Which Concept, the Proprietor Pays Interest on Drawings

Question 4

Multiple Choice

According to which concept, the proprietor pays interest on drawings

A) accrual concept
B) conservatism concept
C) entity concept
D) dual aspect concept

Related Questions

Q1: M/s Stationery Mart will debit the purchase

Q2: Fixed assets are double the current assets

Q3: As per accrual concept, which of the

Q5: If nothing is written about the accounting

Q6: Capital A/c is a _ A/c.<br>A)personal<br>B)real<br>C)nominal<br>D)none

Q7: Valuation of stock in accounting follows the

Q8: Which of the following factor is not

Q9: Mr. X sold goods to Mr. Y

Q10: The policy of anticipate no profit and

Q11: If the Market value of closing Inventory