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84. Based on which of the following concepts, is share capital a shown on the liability side of a balance sheet? A. Business entity concept B. O Money measurement concept C. Cost concept

84. Based on which of the following concepts, is share capital a shown on the liability side of a balance sheet? A. Business entity concept B. O Money measurement concept C. Cost concept

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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84. Based on which of the following concepts, is share capital account shown on the liability side of a balance sheet? A. O Business entity concept B. O Money measurement concept C. Cost concept D. O Going concern concept
Transcribed Image Text:84. Based on which of the following concepts, is share capital account shown on the liability side of a balance sheet? A. O Business entity concept B. O Money measurement concept C. Cost concept D. O Going concern concept
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