Content Page On Basic Accounting Concepts, Principles and Regulatory Framework

Tweet Click to the respective topic: Content Page   Accounting Period Concept               Business Entity Concept      Consistency Concept                         Dual Aspect Concept   Full Disclosure Concept                     Going Concern Concept   Historical Cost Concept                      Matching Concept                 Materiality Concept                             Money Measurement Concept                      Prudence Or Conservative Concept    Substance Over Form More on Materiality concept Understand the […]

Financial Accounting Quiz on Basic accounting

Tweet Refresh or test your accounting knowledge on Basic accounting: Multiple Choice Questions (with answer(below)) 1. Which of the following is a form of the balance sheet equation? a. Assets=Liabilities+(Paid in Capital + Retained Income) b. Assets+ Liabilities= Owners’ Equity c. Assets + Owner’s Equity =Liabilities d. Assets-Paid in capital = Liabilities-Retained income 2. _________ are […]