Question
Provision for Bad Debts is required to be maintained in
the books as per which principle?Solution
Conservatism principle states that Record for the anticipated losses and Expenses. Example-Provision for Doubtful debt - The debtors have not defaulted yet, but if you are anticipating a default in the future, record it as an expense now. Also, Valuation of Inventory is done at Cost or Net Realizable Value, whichever is less.
What will be inradius of a right angle triangle whose base is 15cm & height is 8cm ?
ABCD is a cyclic quadrilateral, such that ratio of measures ∠A, ∠B and ∠C is 1 : 4 : 5, then the measure of ∠D is?
The length of the each side of an equilateral triangle is 42√3. The area of incircle, (cm 2 ) is
If y = 5x + c passes through point A(5, 2), what is the value of c?
...Triangle ABC is similar to triangle PQR and AB : PQ = 2 : 3. AD is the median to the side BC in triangle ABC and PS is the median to the side QR in tria...
AB and AC are two Chords of a circle with centre O. M and N are the mid points of the chords respectively. The line OM and ON are extended which interse...
Find the area of triangle having sides 5 m, 6 m, and 9 m.
An angle is equal to 3/7 of its supplement. The angle is :
If I is the incentre of ΔABC , if ∠BAC = 700 , then what is the measure of ∠BIC?
