The correct answer is D. In cash basis accounting, revenue is recognized only when cash is received and expenses are recognized only when cash is paid. Therefore, revenue is not recognized when earned and expenses are not recognized when incurred.
Train A. running at the speed of 80 km/hr crossed train B. running at the speed of 70 km/hr in the opposite direction. Both trains finish crossing each...
Two trains of length 200m and 160m respectively are running on parallel lines of rails. When running in the same direction the faster train passes the s...
A freight train requires 17.6 seconds to pass a stationary person and 28 seconds to traverse a 260-meter-long tunnel. Simultaneously, a motorcycle can c...
A train started from station P and preceded towards station Q at a speed of 60 km/h. 35 minutes later, another train started from station Q and preceded...
260 metre long train ‘A’ can cross a platform of length 180 metres in 16 seconds. If the speed of train ‘B’ is 6 m/s more than that of train ‘...
Distance between two stations ‘P’ and ‘Q’ is 620 km. Train A starts from ‘P’ at 8:30 a.m. with the speed of 32 km/hr. and train B starts fro...
Two trains, each 140 meters long, are running in opposite directions. If the speed of one train is twice that of the other and they take 18 seconds to c...
There are two trains A and B. A start from point X at 6 AM towards point Y. Another train B starts at 7 AM from point X. If they meet at 12 PM an...
Train 'C' of length 300 meters passes a pole in 10 seconds. Train 'D', traveling at triple the speed of train 'C', crosses a bridge in 12 seconds from t...
A train passes an electrical pole in 15 seconds and passes a platform 420 m long in 60 seconds. Find the length of the train.
