SPM Accounting (3756) Practice Questions - Sijil Pelajaran Malaysia (SPM) Prinsip Perakaunan Principles Of Accounting (3756) Exam

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Which accounting concept (konsep perakaunan) requires that a business and its owner be treated as two separate entities, so that the owner's personal assets are not recorded in the business accounts?

Going Concern (Usaha Berterusan) Money Measurement (Pengukuran Wang) Accounting Period (Tempoh Perakaunan) Business Entity (Entiti Berasingan)

Correct Answer:

Business Entity (Entiti Berasingan)

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