Question
The 'Accounting Period Concept' states that the life of
a business is divided into:Solution
The Accounting Period Concept (or Periodicity Concept) assumes that the indefinite life of a business is divided into shorter, regular, and artificial periods (like quarters or years) to allow for the timely preparation and reporting of financial statements.
1.     Who among the following is an Indian table tennis player?
How much did India's private consumption grow in FY24, marking the weakest growth since FY03 (excluding FY21)?
What is the name of the demarcation line that separates India from Pakistan?
Which substances are primarily responsible for the formation of ground-level ozone (GLO)?
Where does the Godavari River originate?
Which river is the longest in the world?
Who is known as “Land of thunderbolts”?
Which country will host the 2018 Men’s Hockey World Cup
Examine the following statements carefully:
Assertion (A): The Khilafat Movement brought urban Muslims into the fold of the National Movement.
The Asian Development Bank (ADB) has entered a pact with the government of India to provide a loan of USD 250 million (around Rs 1,872 crore) for ______...