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     EduGorilla 
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    Mr. A purchased a machinery costing Rs. 1,00,000 on 1st November, 2013. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000, respectively. Dismantling charges of the old machine were Rs. 10,000. Market value of the new machine was estimated at Rs. 1,20,000 on 1st March, 2014. While preparing final accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A?

    Options :-

    1. Cost concept
    2. Matching concept
    3. Realisation concept
    4. Periodicity concept
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