According to which concept proprietor (owner) of the business is treated as a creditor of the
business :
(1 Point)
(a) Periodicity concept
(b) Entity concept
(c) Materiality concept
(d) Consistency concept
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option (c)
ʜᴏᴩᴇ ɪᴛ ʜᴇʟᴩꜱ ᴜ
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