Bissoy.com
Doctors Medicines MCQs Q&A

  1. Business entity concept
  2. Money measurement concept
  3. Cost concept
  4. Going concern concept
5 views

1 Answers

Answer: Option 1

Based on Business entity concept, share capital account shown on the liability side of a balance sheet. The business entity concept also explains why owners' equity appears on the liability side of a balance sheet (i.e. credit side).

5 views

Related Questions