The expenses relating to the proprietor and his household should be treated as drawings rather than as

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The expenses relating to the proprietor and his household should be treated as drawings rather than as business expenses on the basis of which of the following accounting concepts?

(a) Matching concept

(b) Prudence concept

(d) Substance over form concept

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 31, 2023 02:25 AM

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The expenses relating to the proprietor and his household should be treated as drawings rather than as

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Financial Accounting An Introduction

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