ICSE Class X Commercial Applications 2023 Solved Papers

SECTION - I

Choose the correct answers to the questions from the given options.

Question : 8

Total: 41

According to the _________ Principle of accounting, transactions are recorded on the assumption that the business will exist for an indefinite period of time.

Business Entity Concept
Dual Aspect
Going Concern Concept
Money Measurement Concept

Solution:

Going Concern Concept

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