Identify the concept that throws light on the point that each transaction has two fold affect such as receiving and giving of the benefits.

Which of these is not a fundamental accounting assumption?

Which accounting convention warns the trader should not to take unrealized income into account?

Which of the following is not the basic reason for keeping an inventory?

________________method is used to track daily traffic in the inventory.

_____________refers to the stock that was never sold to a customer and still new in original packing

FIFO stands for

Which one of the following is not the sub feature of shopping cart?

Which of the following is not a method for counting inventory?

A ____________is a request for credit.