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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

►Correct Option

Correct Option is: C

Accounting McqsAccounting Interview Questions, Accounting Mcqs, Accounting Questions, Cost accounting Mcqs, Financial Accounting Mcqs

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