Question
The revenue recognition principle dictates that all
types of incomes should be recorded or recognized whenSolution
The revenue recognition principle using accrual accounting requires that revenues are recognized when realized and earned –not when cash is received.
Which country became the largest recipient of the Asian Development Bank (ADB)-funded programmes/projects in the year 2022?
Who has been crowned as the ‘Miss World 2022’?
What is the name of the market where traders buy and sell stocks for immediate delivery?
What was the focus of the Memorandum of Understanding between the National e-Governance Division and Indian Ports Association?
Recently, which private sector company is yet to commence its general insurance business which is currently subject to receipt of the certificate of reg...
Why did the Reserve Bank of India (RBI) cancel the licence of Shankarrao Pujari Nutan Nagari Sahakari Bank Limited?
The world’s largest Khadi Indian national flag was put to a grand public display in Rajasthan’s ____________ district.
Recently Who has become the first ever woman director general of the Council of Scientific and Industrial Research ( CSIR) ?
Who was recently elected as the new Secretary General of the World Customs Organization (WCO)?
How much is requirement of initial paid up capital to open Small Finance Bank ?
Relevant for Exams:
