Accountancy, asked by aryanv9213, 7 months ago

Identify the accounting concept which state following: (1) Assets will be equal to capital if there is no liability.

Answers

Answered by preethimol1993

4

Answer:

Dual Aspect Concept.

Explanation:

As per this concept every transaction have 2 effects or two apects such as a debit with a corresponding credit.

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