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sweetheart
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Discuss the following quotations briefly describing the accounting concepts which underly them. Both a) and b) are related
a)..................accounting records and consequently accounting statements prepared from them - do not purport to be expressions of opinion as to either realisation or replacement values, or even values in terms of current purchasing power."
b) .................accounting records are basically records of facts, not opinion."
can somebody pls help me on this
note u do not have to agree with the statements made but should be able to support your argument.
a)..................accounting records and consequently accounting statements prepared from them - do not purport to be expressions of opinion as to either realisation or replacement values, or even values in terms of current purchasing power."
b) .................accounting records are basically records of facts, not opinion."
can somebody pls help me on this
note u do not have to agree with the statements made but should be able to support your argument.