Question

Each transaction has double effect of equal amounts on both the side of account, is ba
on:
a)
Business entity concept
(c)
Periodicity concept
b)
Dual aspect concept
(d)
Cost concept
​

Answer 1

Answer:

Dual Aspect Concept

Explanation:

Dual Aspect Concept states that every transaction has two affect with equal amount.

I hope this will help you friend.