Theory Base of ...

The qualitative aspect of the business is not recorded in the books of accounts according to the basic concept of _________.

Only the significant events which affect the business must be recorded as per concept of __________.

How many Accounting Standards have been issued by the Institute of Chartered Accountants of India? 

An obligation of the entity to owners is treated as a liability in the balance sheet according to __________.

The immediate recognition of loss is supported by the underlying principle of _____________.

Economic life of an enterprise is split into the periodic interval as per ___________.

Qualitative transaction are not recorded in accounts due to ____________.

Revenue is generally recognized at the point of sale. Which principle is applied?

The going concern concept is the basis for ___________.

The accounting principle of matching is best demonstrated by __________.