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.
Ethane gas has a slightly _____ taste.
Which of the following isotope of hydrogen is radioactive in nature?
Acid rain is caused due to pollution of the atmosphere by:
Magnesium has atomic number as 12. Find out its valiancy.
_________is a formula for rust.
Which polymer is formed by the copolymerization of phenol and formaldehyde?
Which endocrine gland requires iodine to synthesize a particular hormone, whose deficiency may cause goitre disease?
The motion of an object under free fall is an example of which of the following?
When cathode rays strike a target of high atomic weight, they give rise to:
Anemometer is used to measure –
