Multiple Choice Questions on While preparing final accounts outstanding salary is added to the salary account The accounting prin........... for Commerce ( 11 and 12th) Preparation

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Multiple Choice Questions

While preparing final accounts outstanding salary is added to the salary account The accounting prin...........

Accountancy (11th) Chapter-2 Theory base of Accounting
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    While preparing final accounts, outstanding salary is added to the salary account. The accounting principle relevant to this context is

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    Business entity

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    Materiality

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    Going concern 

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