allows Accountants to ignore the effect of inflation in the accounting records.
this concepts states that value of the money remain unchanged .we ignore the effects ofi nflation and deflation
A standard monetary unit of measurement of the value of goods and services. Example: money
Monetary unit: Colombian Peso
FJD is the monetary unit for Fiji.
The baht or satang is the monetary unit for Thailand.
Monetary unit: Pound sterling
The monetary unit of morocco is called a Moroccan Dirham.
what is the former monetary unit of finland
They may still use pounds as monetary value
The monetary unit of the United Kingdom is the British Pound.
The Philippine monetary unit is spelled as "peso."
Chinese monetary unit - the monetary unit in the People's Republic of China monetary unit - a unit of money kwai, yuan - the basic unit of money in China jiao - 10 jiao equal 1 yuan in China fen - 100 fen equal 1 yuan in China