Question
Provision for Bad Debts is required to be maintained in
the books as per which principle?Solution
Conservatism principle states that Record for the anticipated losses and Expenses. Example-Provision for Doubtful debt - The debtors have not defaulted yet, but if you are anticipating a default in the future, record it as an expense now. Also, Valuation of Inventory is done at Cost or Net Realizable Value, whichever is less.
Select the combination of letters that when sequentially placed in the blanks of the given letter series will complete the series.
p _ q q q _...
From the given alternatives select the word which cannot be formed using the letters of the given word
SIMULTANEOUSLY
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If each letter in each of the word is arranged according to the alphabetical series, than which is the third letter of the word, which is fourth from th...
Select the number combination of letters that when placed sequentially in the blanks of the given series will complete the series.
G G G _ _ G H ...
Which one of the following will be the last but one when arranged according to the English Alphabetical Dictionary?
There are five student Z, V, T, J and H scored different marks. Z scores more than J but less than V. T scores less than V but more than H, who score mo...
