Tag: accounting equation and business transactions
Questions Related to accounting equation and business transactions
The financial statements consist of _______________.
Most financial advisors are registered with the Securities and Exchange Commission as ____________.
Which International Monetary Organization funded North East Rural Livelihood Project (NERLP) in the four states of Mizoram, Nagaland, Sikkim and Tripura?
A group of European countries have formed a union and created a common currency known as _________.
Consider the following fundamental assumptions:
1. Prudence 2. Going concern
3. Accrual 4. Consistency
As per Accounting Standard -1, which of these assumptions are taken into consideration while preparing financial statements?
The purpose of preparing final accounts is to ascertain ________.
Final accounts include preparation of_______.
Which one of the following would not be included in a full set of company financial statements?
Net profit is computed in which of the following?
Financial statements differ from management account because ___________.