1-minute Accounting ~ accounting principles/concepts

呢條係BAFS Paper 1 有關accounting principles/concepts嘅 3分題

想全取3分, 就要答以下3點😆😆

❶ Amount to be recorded --> $175,000

❷ Explain --> motor van should be recorded at the actual cost to the business

(price-discount)

❸ Relevant accounting concept --> Historical cost concept

😎👍🏻💯