Question

match the pair money measurement concept business entity concept
Standard is applicable for revenue recognition
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Answer 1

Explanation:

Accounting is both a science and an art. And just like all other streams of science, even in accounting certain rules are followed. Also, accounting is based on certain assumptions as well. We call these accounting concepts or accounting concepts and principles. Let us study accounting concepts and applications in brief.

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Answer 2

Answer:

The concentration of ozone in the atmosphere is maintained by a balance between formation and decomposition reactions. 2. The molecule M is mostly N2 or O2.

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