Identify the principle
A. Capital contributed by the propritor is credited to his capital account
B. Assets are recorded in books at the cost incurred for acquisition of such asset

Dear Student

The principles are 
A. Capital contributed by the proprietor is credited to his capital account - As per Separate Entity concept.
​​​B. Assets are recorded in books at the cost incurred for acquisition of such asset - As per the principle of Historical cost.



Regards