Accountancy, asked by niki120396, 11 months ago

1.Conservatism means to follow safe side
2.The double entry system is based on “Dual Aspect” concept. true or false with reasons​

Answers

Answered by fouzi149
1

The system of recording transactions based in this principle is called as 'double entry system'. it is because of this concept that two sides of balance sheet are always equal.

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