Which of the following can be considered as the most important phase of accounting cycle and it is the primarily objective of financial accounting?
The gross decrease in economic benefits for the business are what?
________ is the gross inflow of economic benefits?
Financial statements differ from management account because
________ is a separate legal entity that Total capital can be divided in many shares.
An asset must be _______ by the business to be shown as an asset in its “balance sheet”
Liability are arisen from which of the following events?
Liabilities are which of the following?
Which is the most important characteristic that all assets of a business have?
An asset posses which of the following?
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