Q2877
Match List-I with List-II and select the correct answer using the options given below the lists: List-I List-II a. Income measurement 1. Accrues to owner's equity b. Expense recognition 2. Revenue recognition c. Basis for realisation in accounting 3. Matching revenues d. Recognised revenue 4. Accounting period
Match List-I with List-II and select the correct answer using the options given below the lists:
| List-I | List-II |
| a. Income measurement | 1. Accrues to owner's equity |
| b. Expense recognition | 2. Revenue recognition |
| c. Basis for realisation in accounting | 3. Matching revenues |
| d. Recognised revenue | 4. Accounting period |
A.
a-3, b-4, c-2, d-1
AnswerB.
a-3, b-4, c-1, d-2
C.
a-2, b-3, c-4, d-1
D.
a-2, b-3, c-1, d-4
Answer: Option A
Solution
Answer: Option A
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