| A. |
Accounting equation: Assets = Liabilities + Capital
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| B. | Accounting year: 1st April to 31st March |
| C. |
Accrual concept: Recognising revenue on receipt of cash
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| D. |
Cost concept: Recognising transactions at historical cost
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Answer : C Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
