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Byju's Answer

Standard XII

Accountancy

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Match List-I ...

Question

Match List-I with List-II and select the correct answer using the codes given the lists.
List-I List-II
I. Income measurement (a) Accrues to owner's equity
II. Expense recognition (b) Revenue recognition
III. Basis for realisation in accounting (c) Matching revenues
IV. Recognised revenue (d) Accounting period

I-(c), II-(d), III-(b), IV-(a)

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I-(c), II-(d), III-(a), IV-(b)

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I-(b), II-(c), III-(d), IV-(a)

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I-(b), II-(c), III-(a), IV-(d)

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Solution

The correct option is A I-(c), II-(d), III-(b), IV-(a)
Matching revenue-Income measurement
Accounting period-Expenses recognition
Revenue recognition-Basis of realization in accounting
Accrues to owners equity-Recognized revenue

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Similar questions

Q. Match List-I(Items) with List-II(Standards) and select the correct answer using the codes given the lists.

List-I(Items)	List-II(Standards)
I. Accounting for fixed assets	(a) AS-9
II. Revenue recognition	(b) AS-10
III. Depreciation accounting	(c) AS-3
IV. Cash flow statement	(d) AS-6

Match list-I with list-II and select the correct answer using the codes given below -

List-I List-II

Ion Radius (in pm)

(I) $L i^{+}$ (a) 216

(II) $N a^{+}$ (b) 195

(III) $B r^{-}$ (c) 60

(IV) $I^{-}$ (d) 95

Q. Match List-I(financial statements and accounts) with List-II(special matters associated with statements and accounts) and select the correct answer using the codes given the lists.

List-I	List-II
I. Receipts and payments	(a) Revenue account
II. Income and expenditure account	(b) Cash
III. Dividend equalisation reserve	(c) Liability
IV. Club subscription received in advance account	(d) Balance Sheet
	(e) General reserve

Match list-I with list-II and select the correct answer using the codes given below -

List-I List-II

Ion Radius (in pm)

(I) Li+ (a) 216

(II) Na+ (b) 195

(III) Br- (c) 60

(IV) I- (d) 95

Codes: I II III IV

Match list-I with list-II and select the correct answer using the codes given below -

List-I List-II

Ion Radius (in pm)

(I) $L i^{+}$ (a) 216

(II) $N a^{+}$ (b) 195

(III) $B r^{-}$ (c) 60

(IV) $I^{-}$ (d) 95

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List-I	List-II
I. Income measurement	(a) Accrues to owner's equity
II. Expense recognition	(b) Revenue recognition
III. Basis for realisation in accounting	(c) Matching revenues
IV. Recognised revenue	(d) Accounting period

The correct option is A I-(c), II-(d), III-(b), IV-(a)Matching revenue-Income measurementAccounting period-Expenses recognitionRevenue recognition-Basis of realization in accountingAccrues to owners equity-Recognized revenue

The correct option is A I-(c), II-(d), III-(b), IV-(a)
Matching revenue-Income measurement
Accounting period-Expenses recognition
Revenue recognition-Basis of realization in accounting
Accrues to owners equity-Recognized revenue