In India, a company can keep its books of accounts on?
A) Mercantile Basis
B) Accrual Basis
C) Cash Basis
D) No Basis
Correct Answer:
Verified
Q10: Which of the following is not the
Q11: Which accounting concept or convention which, in
Q12: It is generally assumed that the business
Q13: Which accounting concept should be considered if
Q14: Assets are usually valued under which basis?
A)Replacement
Q16: The comparison of the results of one
Q17: According to this convention, important items must
Q18: XYZ Ltd. follows the written down value
Q19: The Accounting Standards Board was established in
Q20: The total number of accounting standards issued
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