Question
Which principle requires businesses to use the cost
incurred to acquire an asset as its recorded value in the accounting books?Solution
The Historical cost principle requires businesses to use the cost incurred to acquire an asset as its recorded value in the accounting books. This principle helps to ensure that the financial statements reflect the actual costs of assets, which is important for measuring profitability and making informed decisions.
Bordeaux mixture was invented by
Which of the following is capable of oxidizing sulfur to sulfates?
Which compound enhances herbicide action in plants?
T he process of conversion of organic form to inorganic form (mineral form) of nutrient element is called __ ?
The cross elasticity of demand between two products is infinite, in case of:
Indian Institute of Sugarcane Research (IISR) is situated in
When an allele of one gene hides or masks the visible output, or phenotype, of another gene it is known as:
In case of degraded alkali soil, if the extensive leaching of saline-sodic soil occurs in absence of any source of calcium and magnesium, part of exchan...
A plan of action for a business is known as a:
Which was the very initial act in India that provides the protection from adulteration/contamination of food that may lead to the health risk of consume...
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