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A trader has made a sale of Rs.75,500 out of which cash sales amounted to Rs.25,500. He showed trade receivables

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A trader has made a sale of Rs.75,500 out of which cash sales amounted to

Rs.25,500. He showed trade receivables on 31-3-2014 at Rs.25,500. Which concept is followed

by him?

a) Going concern

b) Cost

c) Accrual

d) Money measurement

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Intermediate Accounting

Intermediate Accounting

ISBN: 9787300071374

3rd Edition Vol. 1

Authors: Kin Lo, George Fisher

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Posted Date: February 14, 2023 03:11:44
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