Question

An enterprise prepares its accounts under the accrual basis. Salaries amounting to ₹ 10,000 for the month of March, 2021 were not paid. The owner did not want to account it in the books of account on the ground that the amount was not paid. The enterprise closes its books of account on 31st March every year. Is he correct? Identify and explain the Accounting Principle in this transaction.

Answer 1

Hi friend I don't know sry

Answer 2

Answer:

Hi friend I don't Know sry