Subjective Questions on The cost of a small calculator is accounted as an expense and not shown as an asset in financial sta........... for Commerce ( 11 and 12th) Preparation

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Subjective Questions

The cost of a small calculator is accounted as an expense and not shown as an asset in financial sta...........

Accountancy (11th) Chapter-2 Theory base of Accounting
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    The cost of a small calculator is accounted as an expense and not shown as an asset in financial statements of a business entity due to which concept?    (1 mark)

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