Accounting concepts
{"Image DocumentName": "Accounting concepts", "Image ImageDescription": "(d) cost concept: assets is recorded in the books of accounts at the price paid to acquire it. Any change in the value of asset due to change in the price level (inflation) is not considered. exp: an asset is purchased for Rs & if at the time of preparation of final accounts its market value is Rs or yet it will be recorded on the basis of its purchase price, Rs", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}