UPMSP Vocational Accountancy & Auditing Practice Questions - Uttar Pradesh UPMSP Intermediate (Class 12) Vocational Accountancy And Auditing - Code 222 Exam

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Which of the following business events cannot be recorded in financial accounting books under the Money Measurement concept?

Purchase of new computerized accounting equipment for ₹75,000 Payment of monthly office rent of ₹12,000 High degree of dedication and skill of the managing director Sale of goods on credit worth ₹45,000

Correct Answer:

High degree of dedication and skill of the managing director

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