Question

0:1 State with reasons, whether the following statements are true (or) false.(2*10-20marks) (a) In accounting, all business transactions are recorded as having dual affects. (b) The economic life of an enterprise is artificially split into periodic internals in accordance with the going concern assumption. (c) The trial balance ensures the arithmetical accuracy of the books without errors. (d) The sales day book is a part of the ledger (e) The return of goods by customer should be debited to return outward account (f) When we buy machinery on cash we debit cash file (g) Purchases book records all purchases of goods (h) The debit notes issued are used to prepare sales return book (i) Profit earned by business means an increase in proprietors capital (1) A debit balance always signifies a balance in assets account​

Answer 1

Answer:

Correct option is

D

6

Given Final Velocity v=0, deceleration a=4ms

−2

and deceleration time t=3s,

Let u be the velocity before the deceleration is started.

Using v=u+at ⇒0=u−4×3 ⇒u=12,ms

−1

,

Now , During acceleration, Initial velocity u

1

=0, time t=2s, Final velocity u=12ms

−1

,

Let acceleration is a.

Using v=u+at ⇒12=0+a×2 ⇒a=6ms

−2

Answer 2

Answer:

true is a right answer...

Economic life of an enterprise Is split into periodic interval as per Periodicity concept. It is the concept that each accounting period has an economic activity associated with it, and that the activity can be measured, accounted for, and reported upon.

Accounting period refers to the span of time at the end of which the financial statements of an enterprise are prepared, to know whether it has earned profits or incurred losses during that period and what exactly is the position of its assets and liabilities at the end of that period.

Explanation:

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