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Commerce · Q2284

Accounting

Graduate and Post Graduate · Commerce · question 2284

Q2284

"Every debit should have equal and corresponding credit." Which of the following Accounting Concept says so?

A.
Matching Concept
B.
Dual Aspect Concept
Answer
C.
Accrual Concept
D.
Business Entity Concept
E.
Realization Concept

Answer: Option B

Solution

Answer: Option B
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