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Accruals are transactions for which revenue or expenses have been earned or incurred but have not yet been recorded in the books. They are recognized through adjusting entries at the end of an accounting period to ensure that the financial statements reflect the correct revenue and expenses for that period. By making an adjustment entry, the company can match revenues and expenses with the accounting period in which they are earned or incurred, in accordance with the accrual accounting principle.
Study the given pattern carefully and select the letter that can replace the question mark (?) in it.
If 10th May of a given year is Monday, what day of the week will be 11th July of the same year?
Select the set of classes the relationship among which is best illustrated by the following Venn diagram.
CASE : DCVI :: PACK : ?
If B = 2, K = 11; MAN = 0, SIN 14, then what is the value of HOT?
In a certain code language, 'PLIERS' is coded as MMAFJO and 'SHOVEL' is coded as FZRLFR. How will 'WRENCH' be coded in the same language?
‘P+Q’ means ‘P is the wife of Q’, ‘P-Q' means 'P is the father of Q’, ‘P× Q' means 'P is the daughter of Q', and 'P÷ Q' means 'P is the...
Reena travelled from point A to a distance of 10 feet East at point B. She then turned right and walked 3 feet. Again, she turned right and walked 14 f...
A certain number of people are sitting in a row, facing north. N is sitting third to the left of P. M is sitting third to the left of N. O is sitting th...
Select the figure from among the given options that can replace the question mark (?) in the following series.