Question
Which of the following statements is true for cash basis
accounting?Solution
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.
The product of two numbers is 3600 and their GCD is 30. What is the LCM?
Find the HCF of 798 and 525.
Find difference between the LCM and HCF of 14, 42 and 77.
LCM of two numbers is 64 times of their HCF. Sum of the HCF and LCM is 975. If the first number is 960. Find the other number?
The LCM of two numbers is 4 times of their HCF. The sum of LCM and HCF is 350. If one of the number is 200, then the other number is:
The greatest number, which when subtracted from 5260, gives a number exactly divisible by each of 12, 16, 20 and 25, is:
The LCM of two natural numbers is 25 times their HCF. If the product of given two numbers is 3600, then find the LCM of the numbers.
The product of two numbers is 216 and their HCF is 6. What is the LCM of the numbers?
The HCF of 4625 and 5445 is 225, their LCM is:
The L.C.M of a² – 2a – 3 and a³ + a² + a + 1 is
