Question

Ramesh, a customer had placed an order for purchase of furniture of Rs. 50,000
against which he advances Rs. 5,000. The businessman wants to record it as sale. By
doing so, which of the following accounting concepts will be violated?
(a) Money Measurement Concept
(b) Revenue Recognition Concept
(e) Going Concern Concept
(d) Matching Concept​

Answer 1

Answer:

I think c

Explanation:

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