Question
The principle that suggests recording expenses only when
they are realized, and income only when they are certain, is known as:Solution
The Convention of conservatism advises accountants to be cautious and recognize expenses and losses when probable, while only recognizing income when it is certain. This ensures a more prudent approach to financial reporting.
How many persons sit between V and R when counted from the right of R?
If the person who faces D likes White colour, then C likes which of the following colour?
Who amongst the following likes Pink?Â
Who sits fifth to the right of M?
How many persons sitting between D and C?
Which of the following colour does E like? Â
Which of the following statement are true?
I. H likes brown
II. A sits opposite to C
III. The one who likes Black sits immediate le...
Who among the following sits third to the right of Y?
Five products, P, Q, R, S and W, are placed in a row facing towards the east (not necessarily in the same order). R is second to the left of S. P is sec...
Who among the following sit at extreme ends of the rows?
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