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Match the following List I List II a Revenue means the...

This question belongs to Commerce Accounting
Accounting
?

Match the following
List I List II
a. Revenue means the income of a . . . . . . . . nature. 1. Fixed assets
b. Premium paid on the life insurance policy of the proprietor will be debited to . . . . . . . . account. 2. Regular
c. Going concern concept is relevant for . . . . . . . . 3. Matching
d. Recognition of cost in the same period as associated revenues is called . . . . . . . . principle. 4. Drawings

Answer & Solution
Correct Answer: Option B
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1 Comment
Muhammad Ikram
Muhammad Ikram 3 years ago
Option D is correct
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