📊 Financial Accounting
Q. Under which of the following concepts are shareholders treated as creditors for the amount they paid on the shares they subscribed to?
  • (A) Cost Concept
  • (B) Duality Concept
  • (C) Business Entity Concept
  • (D) Since the shareholders own the business, they are not treated as creditors
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✅ Correct Answer: (B) Duality Concept

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