Income is measured on the basis of
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Income is measured on the basis of the concept of accounting, economic and capital income. Explanation: When people use the accounting principles (GAAP) it is known as accounting income measurement, it allots the income in order to find the net income of a enterprise at a particular period of time.
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Answer:
Income is measured on the basis of the concept of accounting, economic and capital income.
Explanation:
When people use the accounting principles (GAAP) it is known as accounting income measurement, it allots the income in order to find the net income of a enterprise at a particular period of time.
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