Principles of Accountancy

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Across
  1. 2. involvement of material is important in transaction
  2. 3. comparing revenue with expenditure
  3. 7. disclose clear and just picture of the business firm
  4. 9. atleast 2 accounts are affected by 1 transportation
  5. 10. money circulation in market
  6. 12. think of losses 1st instead of profits
  7. 13. stick to one accounting period for atleast 5 years
  8. 14. revenue generated had to be recorded in the books of accounts whether received or not
Down
  1. 1. transaction are recorded on the basis of evidence
  2. 4. transaction is said to be transaction if it can be measured in money
  3. 5. transportation on credit basis are also needed to be mentioned in books of accounts
  4. 6. cost price of a material has to be mention in which it has been acquired by the businessman
  5. 8. 1-January to 31 December
  6. 11. concern business will continue with Unforcene period of time