Question
Depreciation is charged on fixed assets to comply with
which of the following accounting principle?Solution
The Matching Principle states that expenses should be recognized in the same period as the revenues they helped to generate. In the case of fixed assets, they are acquired to help generate revenue over a period of time. Thus, their cost should be allocated as an expense over their useful life, rather than being recognized as a one-time expense in the period of purchase.
Cultivation of two or more crops simultaneously on the same land without definite row pattern or fixed ratio is called _____.
The Forest Department and the USAID have launched the "Tree outside Forests in India" programme in ………………..
The main advantage of Rain Water Harvesting is
The Government e-Marketplace, GeM platform was launched in which year?
Which thing the Harappans were first to produce?
The tagline of e-NAM is
The Ministry of Food Processing Industries has launched the Pradhan Mantri Micro Food Industry Upgradation Scheme on……………….
...When was the National Bank for Agriculture and Rural Development (NABARD) set up?
Which kind of soil is best for growing cotton?
National Agricultural Cooperative Marketing Federation of India Ltd.(NAFED) was established on the auspicious day of Gandhi Jayanti on 2nd October 1958...
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