Accounting Equa...

The fundamental accounting equation "Total Assets = Total Liabilities" is the formal expression of ____________.

Concept of conservatism refers to taking into account ______________.

As per $$AS - 2$$, inventory is to be valued at _______________.

Suppose P start a business with $$Rs. 50,000$$ cash and then buys furniture from F.F. Co. on credit for $$Rs. 2,000$$. Now, the accounting equation
$$Assets = Capital + Liabilities$$ will be __________________.

Money measurement concept of accounting theory is used only when transactions can be expressed in terms of __________.

Accounting records transactions in terms of __________.

X started business with a capital of $$Rs. 2,00,000$$ and purchased goods worth $$Rs. 20,000$$ on credit. These transactions may be expressed in the form of 'Accounting Equation' such as___________. 

Making provision for an expected loss or expenses in an approved practice in a business house. This is justified on the principle of _____________.

Market value of investment is shown as a foot note to Balance Sheet according to ________________.

Window dressing is prohibited due to____________________.