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The book, which provides complete information about various transactions of various parties is known as, Oa Journal Ob. Cash Book Oc. None of these

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The book, which provides complete information about various transactions of various parties is known as, Oa Journal Ob. Cash Book Oc. None of these Od Ledger Question 26 Not yet answered Marked out of 1 Flag question An asset that can be used in business for more than one year to generate revenue is called. a. None of these Ob. Current Assets c. Non-Current Assets O d. Fictitious Assets Question 27 Not yet answered Marked out of 1 nag question The accounting equation "Assets Capital Liabilities", is based on accounting principle a Dual Aspect Ob. Matching c. Historical Cost Od Revenue Realization Question 28 Not yet answered Marked out of Flag question MR. Ahmed, purchase manager of the ZZZ Ltd, bought stationary items for the company for OMR 150, forget to collect the bill of stationary items purchased. The accountant refused to enter the transaction of stationery expense in the business book of accounts due to lack documentary evidence. Identify the accounting concept followed in the example: O a Verifiable and Objective b. Dual Aspect c. Business entity Od. Revenue Realization

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