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When the concept of conservation is applied to the balance sheet, it results in (

Aoverstatement of capital (
Bunderstatement of capital (
Coverstatement of assets (
Dunderstatement of assets.?

Verified Answer :

taskmasters

I think the correct answer from the choices listed above is option B. When the concept of conservation is applied to the balance sheet, it results in understatement of capital. Hope this answers the question. Have a nice day. Feel free to ask more questions.

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