Multiple Choice Questions on According to Principle of Conservatism ........ for Commerce ( 11 and 12th) Preparation

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Multiple Choice Questions

According to Principle of Conservatism ........

Accountancy (11th) Chapter-2 Theory base of Accounting
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    According to Principle of Conservatism

    Provision is made for bad and doubtful debts

    Correct Answer

    Depreciation is charged on assets

    Incorrect Answer

    Recording is made of outstanding expenses

    Incorrect Answer

    All of the above

    Incorrect Answer
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    Explanation:

    Provision is made for bad and doubtful debts

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