Match the items of List-I with items of List-Il and indicate of correct matching

List-I	List-II
a. Principle of separate entity	1. Valuing plant and machinery at cost less depreciation
b. Principle of conservatism	2. Recording punctuality and honesty of an organization's employees
c. Principle of money measurement	3. Capital contributed by proprietor is shown as liability in the balance sheet
d. Historical cost concept	4. Valuing inventories at cost or market price whichever is less

A. a-3, b-2, c-1, d-4

B. a-3, b-4, c-2, d-1

C. a-4, b-3, c-1, d-2

D. a-3, b-1, c-2, d-4

Answer: Option B