Q2373
Match the following List I List II a. Revenue means the income of a . . . . . . . . nature. 1. Fixed assets b. Premium paid on the life insurance policy of the proprietor will be debited to . . . . . . . . account. 2. Regular c. Going concern concept is relevant for . . . . . . . . 3. Matching d. Recognition of cost in the same period as associated revenues is called . . . . . . . . principle. 4. Drawings
Match the following
| List I | List II |
| a. Revenue means the income of a . . . . . . . . nature. | 1. Fixed assets |
| b. Premium paid on the life insurance policy of the proprietor will be debited to . . . . . . . . account. | 2. Regular |
| c. Going concern concept is relevant for . . . . . . . . | 3. Matching |
| d. Recognition of cost in the same period as associated revenues is called . . . . . . . . principle. | 4. Drawings |
A.
a-4, b-3, c-2, d-1
B.
a-2, b-3, c-4, d-1
AnswerC.
a-2, b-1, c-4, d-3
D.
a-2, b-4, c-1, d-3
Answer: Option B
Solution
Answer: Option B
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