Question

State Kirchhoff's laws and its sign conventions.​

Answer 1

Answer:

Limitations of financial statements

Financial Statements Are Derived from Historical Costs. ...

Financial Statements Are Not Adjusted for Inflation. ...

Financial Statements Do Not Contain Some Intangible Assets. ...

Financial Statements Only Cover a Specific Period of Time. ...

Financial Statements May Not Be

Answer 2

Answer:

Kirchhoff's first law (or current law or juction law) : The algebraic sum of the currents at any juction is zero. ... Sign convention : (a) In going round a loop, if we traverse a resistor in the direction of the current through it, the potential difference (p.d) across the resistor is taken as negative.