Test Preparation on CA/CS Foundation MCQ Questions Accounting And Introduction II
1.
According to dual aspect concept which of the following is incorrect:
2.
. is appliedparticularly when alternativemethods of accountings areequally acceptable.
3.
The inter-firm consistencybetween particular organizations isin same industry.
4.
Mr. Anuj owner of Anuj furnitureltd. owns a personal residencethat costs Rs. 15 00 000 but has amarket value of Rs. 25 00 000.During preparation of the financialstatement for the business theentire value of properly wasignored and was not shown In thefinancial statements. The principlethat was followed was: