Question
Which of the following can be recorded in the books of account as per money measurement concept in accounting?
Answer: Option B
:
B
According to the money measurement concept, any transaction which can be measured in monetary value and are relevant to business transactions, will be recorded and anything otherwise will be left out of the records.
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:
B
According to the money measurement concept, any transaction which can be measured in monetary value and are relevant to business transactions, will be recorded and anything otherwise will be left out of the records.
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