Accountancy, asked by Pragya2333, 8 months ago

rahul, a businessman has employed sonu and has estimated his value at Rs.10,000. He has accounted it as an asset in the books of account. Is he correct doing so?

Answers

Answered by rishitababbar216

Answer:

it is not correct because human resource and they cannot be measured in terms of money so according to money measurement concept the things which are not measured in terms of money they are not recorded

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rahul, a businessman has employed sonu and has estimated his value at Rs.10,000. He has accounted it as an asset in the books of account. Is he correct doing so?​

Answers

rahul, a businessman has employed sonu and has estimated his value at Rs.10,000. He has accounted it as an asset in the books of account. Is he correct doing so?