MCQOPTIONS
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| 1. |
Dual aspect concept of accounting works on assumption that |
| A. | Every business are based on two entities |
| B. | every business activity and transaction have two fold effects |
| C. | every Business activity have two partners, one is business itself and other is shareholder |
| D. | None of the above |
| Answer» C. every Business activity have two partners, one is business itself and other is shareholder | |