Danveer Singh

A Letter to God Poem Important MCQ

by

All important MCQs are provided for the chapter A Letter to God for class 10 Students are requested to practice all MCQ which will be helpful in their exam preparation. MCQs provided are as per the latest pattern announced by CBSE. Q1.The story is all about an unconditional (1) Love (2) Enmity (3) Faith (4) … Read more

What is Accounting Standards 3 ?

by

Cash Flow Statements AS3 Definition-The Standard deals with the provision of information about the historical changes in cash and cash equivalents of an enterprise by means of a Cash Flow Statement which classifies cash flows during the period from operating, investing and financing activities. Which companies prepare cash flow statements ? Cash flow is mandatory … Read more

AS 2 | Accounting Standards 2

by

Valuation of Inventories This Standard deals with the determination of value at which inventories are carried in the financial statements, including the ascertainment of cost of inventories and any write-down thereof to net realisable value. What to exclude in inventories as per AS2 definition ? Excluded inventories (not dealt with by AS 2) work in … Read more

What is Accounting Standards 1 or AS1?

by

Disclosure of Accounting Policies This Standard deals with the disclosure of significant accounting policies which are followed in preparing and presenting financial statements.Disclosure of Accounting Policies To ensure proper understanding of financial statements, it is necessary that all significant accounting policies adopted in the preparation and presentation of financial statements should be disclosed. Such disclosure … Read more