Accounting Equa...

According to which of the following concepts, while determining the net income from business, all costs which are applicable to revenue of the period should be charged against that revenue____________.

_________ postulates assume that the value of money will remain the same in different periods.

Which of the following is an accounting equation?

During the lifetime of an entity accounting produce financial statements in accordance with, which basic accounting concept?

A business transaction affects ______________.

The convention of conservatism will have the effect of_____________.

Market value of investments is shown as a footnote in the Balance Sheet according to________________.

Everything a firm owns, it also owns out to somebody. This co-incidence is explained by the _______ concept. 

The _______concept states that if straight line method of depreciation is used in one year, then it should also be used in the next year.

A firm may hold stock which is heavily in demand.