Multiple Choice Questions on Accounting standard 2 AS2 deals with ........ for Commerce ( 11 and 12th) Preparation

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Multiple Choice Questions

Accounting standard 2 AS2 deals with ........

Accountancy (11th) Chapter-2 Theory base of Accounting
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    Accounting standard 2 (AS2) deals with

    Depreciation accounting

    Incorrect Answer

    Revenue recognition

    Incorrect Answer

    Valuation of inventory

    Correct Answer

    Accounting for fixed assets 

    Incorrect Answer
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    Explanation:

    Valuation of inventory

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