55.
57.
88.
59.
"The working rule “Anticipate no profits but provide for all possible losses” is the convention ല്:
(A) Materiality (B) Conservatism
(0) Full disclosure (D} Consistency
An amount of Rs. 20,000 received from issue of further shares by incurring Rs. 2,500 1880
expenses will be treated as follows :
(A) Hs. 20,000 capital receipt and Rs. 2,500 deferred revenue expenditure
(ए) Rs. 17,500 capital receipt....
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