Question
Depreciation is charged on fixed assets to comply with
which of the following accounting principle?Solution
The Matching Principle states that expenses should be recognized in the same period as the revenues they helped to generate. In the case of fixed assets, they are acquired to help generate revenue over a period of time. Thus, their cost should be allocated as an expense over their useful life, rather than being recognized as a one-time expense in the period of purchase.
Select the combination of letters that when sequentially placed in the blanks of the given letter series will complete the series.
P _ _ T E _ _ ...
Select the combination of letters that when sequentially placed in the blanks of the given letter series will complete the series.
a _ b b b _ _ ...
Select the combination of letter that when sequentially placed in the blanks of the given series will complete the series.
A _ _ D E _ B C D _ ...
Select the combination of letters that when sequentially placed in the blanks of the given letter series will complete the series.
u _ v v v _ _ ...
Select the number combination of letters that when placed sequentially in the blanks of the given series will complete the series.
r _ t u _ w ...
Which among the following set of letters can be placed in the gaps in the given alphabet series to follow a particular pattern?
_ _ p q _ _ r _...
Select the combination of letters that when sequentially placed in the blanks of the given series will complete the series.
G _ I _ K G H I _ K _ _ _ J K
Select the letter-cluster from among the given options that can replace the question mark (?) in the following series.
OA, LG, IM, FS, (?)
...Select the option that represents the letters that, when sequentially placed from left to right in the blanks below, will complete the letter ser ies.
Select the combination of numbers that when placed sequentially in the blanks of the given series will complete the series.
a b _ d _ f g _ i _...
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