Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Cpt urgent

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

25 June 2014 answer for this ques:

Gyan received Rs.5,000 in advance but he credited to sale account. Which of the following concept he did not
follow?
a) Accrual b) Conservatism
c) Consistency d) Going concern

Sandeep Dharar

Sandeep Dharar (Expert)
Follow

25 June 2014 Its Accrual

Querist : Anonymous

Querist : Anonymous (Querist)

25 June 2014 oh really thnx a lot..actually i gav my cpt exam in june 2014..i was really on d edge of tears..i did mast in other 3 subjects except for accounts,.. i just checked and got 17 as correct.. as in other websites they give it as "conservatism "but thnks a lot tat u confimed d answer.. now i would pass for sure..one mark now would change my path:) as pass percentage is 18..

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!