There are two statements marked as Assertion (A) and Reason (R). Mark your answer as per the codes provided below- |
Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A. Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A. Assertion (A) is true but Reasoning (R) is not correct. Assertion (A) is not true but Reasoning (R) is correct. |
Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A. |
Accounting practices encompass various conventions to ensure the accuracy and reliability of financial statements. Among these conventions are: |