The business is liable to the proprietor of the business in respect of capital introduced by the person according to

The profounder of double entry system of book-keeping is ___________

In India, Accounting Standards are issued by

__________________ is basically generating financial information.

_____________ is the process of managing the income and expenses of a business firm.

What is meant by accounting concepts?

Why is it necessary for accountants to assume that business entity will remain a going concern?

As per consistency concept a company cannot change an accounting policy. Does this holds true in all instances? Explain.

What do you mean by materiality-principle?

Explain the various accounting assumptions

What is matching concept? Why should a business concern follow this concept?

"Only monetary transactions are recorded in accounting". Explain the statement.

"Business units last indefinitely". Mention and explain the concept on which the statement is based.

Write a brief note on Accounting Standards.

What are the features of book-keeping?

Explain the meaning of Book-keeping and its features

What do you mean by accounting concepts? Explain any five concepts.

What are the differences between Book keeping and Accounting?

Explain briefly accounting conventions