The owner of a business paid his private telephone bill from the business bank account. The amount

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The owner of a business paid his private telephone bill from the business bank account. The amount was debited to his Drawings account. Which concept was applied?

A. Business entity

B. Matching

C. Prudence

D. Realisation

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Accounting A Level And AS Level

ISBN: 9780521539937

1st Edition

Authors: Harold Randall

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Question Posted: Aug 27, 2023 09:04 AM

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The owner of a business paid his private telephone bill from the business bank account. The amount

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The correct answer is A Business entity Explanation The concept of business entity is a funda...View the full answer

Accounting A Level And AS Level

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