Self Studies
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Theory Base of ...

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  • Question 1
    1 / -0

    Capital and Revenue expenditure should be distinguished as per :

  • Question 2
    1 / -0

    Non-monetary information is not recorded in books of accounts due to :

  • Question 3
    1 / -0

    There should be uniform accounting policies and methods from one period to another, according to :

  • Question 4
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    'Closing stock is valued at cost or market price whichever is less ' According to :

  • Question 5
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    'Financial statements should disclose all material information' According to :

  • Question 6
    1 / -0

    What is the financial accounting period for calculation of Tax?

  • Question 7
    1 / -0

    Assets = Capital + Liabilities, according to :

  • Question 8
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    Only those transactions are recorded in the books of accounts which can be expressed in monetary terms. According to :

  • Question 9
    1 / -0

    'Businessman is the creditor of the business to extent of his capital'. According to :

  • Question 10
    1 / -0

    According to the Cost Concept :

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