Question
The following events are violation of which rule of Accounting- explain. 5 (a) Roadside shop records and recognizes all assets and liabilities (measurement) at market
The following events are violation of which rule of Accounting- explain. 5 (a) Roadside shop records and recognizes all assets and liabilities (measurement) at market value or fair value. (b) Mr. Andreu only considers cash transections for his business. Accruals are recorded only when they are paid or received.
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
