According to which concept, proprietor of a business is treated as a creditors to the extent of his capital
A)Money measurement
B)Cost
C)Dual aspect
D)Business entity

Question

Quizplus · Accepted Answer

The business entity concept treats the proprietor of a business as separate from the business itself, meaning the owner's capital is considered a liability to the business, similar to how a creditor's loan would be treated.

According to Which Concept, Proprietor of a Business Is Treated