Accountancy, asked by 1234raman, 10 months ago

What is the meaning of recording in terms of money???​

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Answered by Anonymous
41

Answer:

Answer:The money measurement concept states that a business should only record an accounting transaction if it can be expressed in terms of money. ... Thus, a large number of items are never reflected in a company's accounting records, which means that they never appear in its financial statements.

Answered by rohanreddy09
4

Answer:

The above is the answer

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