Salary to manager will be recorded in the books of accounts but appointment of manager is not recorded due to _____________ concept. i. Money measurement concept ii. Accrual concept iii. Dual concept iv. None of these
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3
Answer:
iv)none of these
Explanation:
Answered by
3
Answer:
dual concept
Explanation:
Dual Aspect Concept is one of the fundamental accounting principles. ... According to the Dual Aspect Concept, each business transaction has a dual or a two way effect. This implies that a particular business transaction involves minimum two accounts when recorded in the books of accounts.
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