Financial and Management Accounting

1: Match List-I with List-II and select the correct answer using the codes given below the lists:     List-I                                                                                         List-II a. Income measurement                                                  I. Accrues to owner's equity b. Expense recognition                                                    II. Revenue recognition c. Basis for  realisation in accounting                          Ill. Matching revenues and expenses d. Recognised revenue                                                   IV. Accounting period

 

A.

a      b      c      d

III      IV     II      I

B.

a      b      c      d

III      IV     I      II

C.

a      b      c      d

II      III      IV     I

D.

a      b      c      d

II      III      I      IV

 

Answer : A

Explanation :

Write your comments here:


Report Error
 

Option: A

Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.