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.
He said,"Sita, when is the next train?"
Select the correct direct form of the given sentence
He asked me if I was not thinking of investing then.
Select the option which correctly converts the given sentence into indirect speech.
You said to her, "I am feeling tired and want to rest now."
Select the correct direct form of the given sentence.
The air hostess said that the passengers must wear face masks during the flight.
Select the most appropriate direct form of the given sentence.
My brother told me that I could see any film I wanted on TV.
Choose the option that is the indirect form of the sentence.
“Have you got a blue scarf”? the customer asked the assistant.
Select the option which correctly converts the given sentence into indirect speech.
You said to her, "I am feeling tired and want to rest now."
He said that there was around 2 million sq.km of degraded land across the world and it will be required for every individual to plant a sampling every y...
Find the Figure of Speech of the given statement.
The open secret was known by everyone but not openly discussed.
My brother said, "I can climb this hill in less than an hour."