Accountancy, asked by gauthamche1234, 2 months ago

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.​

Answers

Answered by sangeeta9470
1

Answer:

Business entity concept is the answer

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