Accounting 0452 · IGCSE · Accounting principles

Accounting principles — practice question

To help finance further expansion, the business owner deposited $10000$ into the business bank account. In the ledger, the bank account was debited and the capital account was credited. Which accounting principles were being followed?

  • Abusiness entity and prudence
  • Bbusiness entity and duality
  • Cmatching and duality
  • Dmatching and prudence

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