PROPORTIANATE UNIT CONCEPT Definition

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PROPORTIANATE UNIT CONCEPT is where a value or distribution is agreeing in amount, magnitude, or degree, e.g. a shareholder holding 1% outstanding shares of an entity is entitled to receive 1% of that entities declared dividend, i.e. it is in proportion.

Learn new Accounting Terms

CASH PROFIT is profit after tax plus depreciation.

STORES are provisions and supplies in inventory that are required for running an entity.

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