Accounting Equa...

Accounting policies should not be changed from one period to another period is based on the principle of __________.

Cost concept assumes __________.

When the effect of strike is not directly disclosed in financial statements _________ accounting system is applied.

The accounting policy for inventory of an enterprise discloses that inventories are valued at lower of cost determined on weighted average basis or net realizable value, is the application of _________ concept.

All are correct except __________.

Three months rent of the next financial year is paid in advance, how this transaction effects accounting equation

Provision for bad debts is the application of..........Concept.

The convention of conservatism is applicable in ___________.

How does depreciation effect basic accounting equation

________ principles require that revenues which are recognized through the application of the realization principle are then related to relevant and appropriate historical cost.