Which of the following statements is true for cash basis accounting?
The correct answer is D. In cash basis accounting, revenue is recognized only when cash is received and expenses are recognized only when cash is paid. Therefore, revenue is not recognized when earned and expenses are not recognized when incurred.
Which of the following statements is incorrect with respect to Kathak dance form ?
In the term NACH, what does C stand for?
Increased competition by bringing more private sector banks and foreign banks, reduced the share of Public Sector Banks in total loans.
How many States in India are Landlocked (sharing no boundaries including water with other neighbouring countries)
Average receivables may also be expressed in terms of the number of days’ sales in receivables
LAF (Liquidity Adjustment Facility) is the principal tool of monetary policy.
Newton's first law of motion gives the concept of –
Which has been temporarily barred by UIDAI from aadhar based SIM verification
How many Public Sector Bank branches are there in India till January 2022?
National Bravery Award is given every year by the Prime Minister of India on:
