A business unit is assumed to have an indefinite life comes under ---.
Amatching concept
Bhistorical cost principle
Crevenue recognition principle
Dgoing concern
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Related Questions:
What does business entity refer to in accounting?
Installation charge of machinery is debited to ----- account.
Which concept states that a business concern will not be sold or liquidated in near future.
Goods purchased on cash, is recorded in the ---.
Which of the following is a capital receipt?