The concept of conservatism will have the effect of______________??

Accounting Mcqs
BILAL KHATTAK0

A. Overstatement of Assets 
B. Understatement of Assets 
C. Overstatement of Liabilities
D. Understatement of Liabilities

Related Mcqs:

  1. Debts which are payable in the course of a month are called _____________??
  2. Generally the term fund is used to mean the difference between??
  3. Fresh capital introduction will increase____________??
  4. Which of the following accounting equation is correct??
  5. Provision is created for____________??
  6. The concept anomie, together with the concept that it is a trait conspicuous of town life was originated by
  7. What is the basic accounting equation??
  8. Tax deducted at source appears in the Balance Sheet?
  9. ______ ion effect represents the effect of adsorbed ion on the release of another from the surface of a colloid:
  10. Balance Sheet is based upon which of the following formula??

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