Question

Match the following.
1. Closing stock
i. current liability
Il Manager commission ii. a court case
III Depreciation
iii.valued at cost or the market price whichever is low
IV Contingent liability iv. allocation of cost
iii ivi ii
iii iv iii
ji i iv ii
in ii iiv​

Answer 1

Answer:

closing Stock-Cost or market whvr less

depriciation- allotment of cost

Contingent liability- court case

Explanation: