Accounting Equa...

Inventory valuation method is guided by which of the following accounting concept ______________.

Notes to financial statement about law suits, contractual commitment etc. are required to be shown in the financial statement by way of footnote or in notes to accounts under which of the following principles?

Postponement of anticipated gains is an application of

According to money measurement concept which of the following will be recorded in the books of account?

When applied to the balance sheet, the convention of conservatism results in __________.

The equality of Total Assets and Total Liability is known as........

The concept of Disclosure is applicable to ..

The practice of appending note regarding contingent liabilities in the accounting statements is in pursuant to __________.

The basis of revenue recognition often used in hire-purchase transaction is____________.

Cost concept envisages the recording of which of the following in the books of accounts?