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A company values its loose tools for inclusion in its balance sheet. The tools are not extremely valuable and the company uses estimating while valuing them.
Which type of accounting principle is being applied?
A accruals B consistency C going concern D materiality
the books of deven verma could not be tallied.
It is generally taken to include currency or legal tender, cheques or any other document which circulates as cash. It is generally classified like a current asset while it is acces
5 modern accounting techniques
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