Challenger App

No.1 PSC Learning App

1M+ Downloads
The ........ concept makes a distinction between a business and its proprietor.

Aseparate entity concept

Bbusiness entity

Cgoing concern concept

Dmonetary unit concept

Answer:

B. business entity

Read Explanation:

.


Related Questions:

Depreciation is a process of ----.
The rent paid to the land lord is credited to:
What was the trade name under which Danish co-op dairy products were sold?
The debit balance in the bank column of cash book indicates:
A firm purchased pen and paper weight and included these items under head stationery. Identify the relevant accounting principle.