If one aspect of a transaction is not recorded which accounting concept is not considered?
Dear Student,
If one aspect of transaction is not recorded; then Dual Concept of Accounting is impacted
An Accounting transaction is considered to be complete only when both the aspects are recorded in books of accounts
Regards,
If one aspect of transaction is not recorded; then Dual Concept of Accounting is impacted
An Accounting transaction is considered to be complete only when both the aspects are recorded in books of accounts
Regards,