Dual aspect concept Realization concept
Q-1) Briefly explain the following
- Dual aspect concept Realization concept
Q-2) Distinguish between the following:
Actual basis of accounting and cash basis of accounting?
Q-3) What is depreciation? State briefly the different causes of depreciation?
Q-4) Distinguish between the following :
`Double Entry System’ and `Single Entry System’
Q-5) Distinguish between the following
Sale and Consignment
Q-6) What do you mean by Self balancing ledgers?
Discuss the main advantages of self balancing ledgers?
Q-7) Explain the following.
- i) Adjustment Entries
- ii) Capital expenditure and Revenue expenditure
Q-8) What are the different causes of discrepancy between bank balances as per cash book and pass book?
Dual aspect concept Realization
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