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Question 29

The concept which states that the affairs of a business is to be treated as being separate from the private activities of the owner is

  • A.Realization concept
  • B.Business entity concept
  • C.Cost concept
  • D.Dual aspect concept
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2016
Question no.
#29
Type
Objective
Previous · Q28Purchases of fixtures and fittings by a club is recorded in the Next · Q30 Where fixed capitals are maintained in a partnership, share profits are

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