Accountancy, asked by gopika65, 9 months ago

what mean by money measurement​

Answers

Answered by iamishitap
2

Hey here's your 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. ... Examples of items that cannot be recorded as accounting transactions because they cannot be expressed in terms of money include: Employee skill level.

I hope this helped you!!!

Follow me

Answered by yuvirakshi
0

Answer:

Money measurement

all transactions of business are recorded in terms of money.it provides a common unit of measurement.

Similar questions