Ask Question
25 April, 06:39

When the concept of conservation is applied to the balance sheet, it results in (

a. overstatement of capital (

b. understatement of capital (

c. overstatement of assets (

d. understatement of assets.?

+2
Answers (1)
  1. 25 April, 08:13
    0
    I think the correct answer from the choices listed above is option B. When the concept of conservation is applied to the balance sheet, it results in understatement of capital. Hope this answers the question. Have a nice day. Feel free to ask more questions.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When the concept of conservation is applied to the balance sheet, it results in ( a. overstatement of capital ( b. understatement of ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers