Question: Question 4 (a) Briefly explain the statement below. (i) Going Concern (ii) Historical Cost (iii)Conservatism (iv)Consistency (v) Materiality (10 marks) (b) Draw and label the

Question 4 (a) Briefly explain the statement below. (i) Going Concern

Question 4 (a) Briefly explain the statement below. (i) Going Concern (ii) Historical Cost (iii)Conservatism (iv)Consistency (v) Materiality (10 marks) (b) Draw and label the accounting cycle. (15 marks) [Total : 25 Marks] END OF QUESTION PAPER

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