Recording of Capital contributed by the owner as liability ensures the adherence of principle of ...

Question

(a) Double Entry

(b) Going Concern

(c) Separate Entry

(d) Materiality

Mir Mujtaba Ali · Answer

(c) Separate entity

Please correct the spelling of "entity" in the answer options

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN · Answer

(c) Separate Entity OR Business entity concept.

It means that personal transactions of owners are treated separately from those of the business.

مستخدم محذوف‎ · Answer

answer is

C)separate entity

IMTIAZUR RAHMAN · Answer

The correct answer is (C)- Separate Entity.

The Separate Entity concept is the basic accounting concept that we should always separately record the transactions of a business and its owners. Otherwise, there is a considerable risk that the transactions of the two will become intermingled.

Ahmed kandil · Answer

Answer C is the  correct answer

IMRAN ALI MOHAMMED · Answer

Ans. Separate Entity Concept. It is done to determine true profitability and financial position of a business.

Syed Ammar · Answer

(C) Separate Entry ...................

Muhammad Zeeshan Hyder · Answer

Separate entity is the correct answer

Rowan Elhossary · Answer

Separate entity
The business and the owner are considered like two different entities

Syed Ibrahim Jalali · Answer

(c) Separate Entry.................................................

aziz urrehman · Answer

c) Separate Entry is the ans for the Q.

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Recording of Capital contributed by the owner as liability ensures the adherence of principle of ...

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