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What is the ans for 4th Q. .......which was given in below image..... And tell me the logic also pls...anyone.......
Answers (4)
Aditya Momaya
Cash is also ur asset right so Total assets =500,000(car)-100,000(cash)=400,000 Liability =bill payable of 400,000 So ans is c
Sorry......I need ans for 6 th one instead of 4th one.....pls tell that one.......sorry for my mistake......
Aditya Momaya
Cash is also ur asset right so Total assets =500,000(car)-100,000(cash)=400,000 Liability =bill payable of 400,000 So ans is c
Pls say someone........for the Q of 6 th in given image......and logic also.........
Thread Starter
Balachandar SPls say someone........for the Q of 6 th in given image......and logic also.........
Answer is conservatism i.e., we should not anticipate any future income however we should provide for all possible losses. 'Cost or market price whichever is lowerâ?? originated from this concept.
