Tell Me What Do You Mean By Material Facts In Accounting?

1.	Tell Me What Do You Mean By Material Facts In Accounting?
Answer» Material FACT in accounting is that we make entry of EVERY material thing LIKE stationary etc but that should be in terms of MONEY. Material fact in accounting is that we make entry of every material thing like stationary etc but that should be in terms of money.

Answer»

Material FACT in accounting is that we make entry of EVERY material thing LIKE stationary etc but that should be in terms of MONEY.

Material fact in accounting is that we make entry of every material thing like stationary etc but that should be in terms of money.

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