Gold mines in South Africa go a few kilometers below the surface. The deepest mine now is the Mponeng Mine in the Orange Free State. The depth of the mine is well over 3000m from the surface and is getting deeper. The lift itself descends 3037m to a point 1200m below sea level. It takes 4 minutes.
Check Dual Aspect Concept?
What are accounting concepts?
Explain Convention of Consistency?
What is Convention of Conservation?
Explain Convention of Materiality?
Described Cash System of Accounting?
What is Management Accounting?
Described Cost Accounting?
What is Financial Accounting?
Explain Mercantile or Accrual System of Accounting?
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