Question

6. Identify the accounting principles or concepts involved in the following:

a) Mr. Sreenath, owner of the business, invested Rs.10,000 in his

business. He is treated as a creditor of the business to the extend of

Rs.10,000 and his capital account is credited with the amount​

Answer 1

Answer:

dentify the accounting principles or concepts involved in the following:

a) Mr. Sreenath, owner of the business, invested Rs.10,000