Home » Accounts (Principles of Accounts) » The concept that has much influence over asset valuation and income determination is?The concept that has much influence over asset valuation and income determination is? The concept that has much influence over asset valuation and income determination is? A. entity B. realization C. conversactism D. matching Correct Answer: Option B Explanation Related Posts What is a ledger entry for the sale of plant and machinery on credit to… Which of the following is a source of revenue for a local government? The concept of Double Entry Book-Keeping states that Why are adjustments in the profit and loss account necessary? LOAN IS 30% OF CREDITORS. What is the capital balance? When goods produced are transferred at cost plus mark-up sale, the difference between the cost…