What is love and care?
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Lov e means unconditionally loving someone or something, whereas Care means caring for something or somebody. Also, Love is a bigger emotion than Care. Love is an involuntary feeling that a person feels for a person, thing, or for any matter
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ual basis Rs. Following information are given: Total cash revenue of the period is Rs. 40,000 and on account Rs. 70,000. Operating expenses (except prepaid insurance) paid during the period is Rs. 32,000 payable Rs. 10,000. iii. Prepaid insurance Rs. 6,000. Required: Income statement under cash and accrual basis of accounting for the period. i. ii.
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