At the end of each accouting period ___________ are prepared.

____________ facilitate uniform preparation and reporting financial statements.

_____________ is the basic principle of accounting.

The basis of preparation of financial statement and presentation should be _______________.

__________ basis is generally used when it is difficult to determine revenue amount at the time of credit sale.

______________ are the policy documents issued by the recognized expert accountancy body relating to various aspects .

Balance sheet shows the ___________ position as on the last day of accounting period.

In ____________ basis,proportionate part of revenue equivalent to portion of project completed during the accounting year is recognized.

The accountant follow the playing safe as principle of ____________.

Treatement of income received in advance is ignores in _________ basis of accounting.