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According to money measurement concept, which of the following will NOT E the books of accounts? a. search O b. Commission payable to a salesman. O c. Quality of the products O d. a and b Extra profits
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According to money measurement concept, which of the following will NOT E the books of accounts? a. search O b. Commission payable to a salesman. O c. Quality of the products O d. a and b Extra profits arising out of revaluation of assets O e. All the above Check ​

User Phil Frost
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Answer: Commission payable to the salesman

Explanation: According to the money measurement concept, the commission payable to the salesman will be recorded in the books of accounts.

Quality control in business, extra profits made due to the introduction of a budgetary control system are qualitative in nature and cannot be recorded, as according to the money measurement concept, only those transactions which can be measured in terms of money are recorded in the books of accounts.

User Redct
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