The Fact that a Business is Separate and Distinguishable From its Owner is Best Exemplified by the _____ Concept. -Bzziii

Complete the following work sheet:

The fact that a business is separate and distinguishable from its owner is best exemplified by the ___________ concept. 

entity

Explanation:

The fact that a business is separate and distinguishable from its owner is best exemplified by the entity concept.

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04 5.1 5.2 5.3 5.4

NCERT Class 11 Theory Basic of Accounting-Accountancy