Accountancy, asked by raniyaislam34, 7 hours ago

A building worth Rs. 10 Lakh s is purchased for Rs. 8 lakhs and recorded the same in the books of accounts of Rs. 8 lakhs. " Name the accounting principle referred in the above

Answers

Answered by saichavan

11

Answer:

Historical cost principle/Cost principle

Explanation:

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Answered by hariuthiras

1

Answer:

JOURNAL ENTRY

Explanation:

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