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what business entity concept ?

Answers were Sorted based on User's Feedback



what business entity concept ?..

Answer / r sumitra

business and the owner are two seperate entity

Is This Answer Correct ?    2 Yes 0 No

what business entity concept ?..

Answer / raghu.aps eveing v b.com

Business entity concept is refer to Individual mater of Business and proprietor is separate from business ,not record
any pvt mater of owner s in the business

Is This Answer Correct ?    0 Yes 0 No

what business entity concept ?..

Answer / syed

Business entity concept is one of the type of accounting
concepts followed by the accountants in india while
preparing the financial statements. Generally business is
ongoing and continous process. Business is different from
the entity for evauluating the financial position of the
business.

Is This Answer Correct ?    0 Yes 3 No

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