Download App

Accounts from Incomplete Records — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountAccounts from Incomplete Records1 Mark
Question
Which accounting principle is certainly followed under single entry as well as double entry system?
✓

Answer

Money Measurement concept.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Accounts from Incomplete Records→Accounts from Incomplete Records — all question types→Account STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Name different information systems.
→
What is meant by Grouping or Marshalling a Balance Sheet?
OR
What is meant by Marshalling of Assets and Liabilities?

OR
What is meant by Marshalling?
→
Will you transfer Wages and Salaries Account' to the debit of Profit and Loss Account? Why?
→
Why is Closing Stock valued at lower of cost or net realisable value (market value)?
→
In case of errors of partial omission, will the Trial Balance agree? Why?
→
What is a Purchases Return Book?
→
Define AIS.
→
Cost of Goods Sold + Gross Profit =
→
State the various essential features of an accounting report.
→
What are deferred revenue expenditures?
→