Match the column

Match the List II with List II

List I (Accounting Concept & Convention)	List II (Meaning)
A. Conservatism	I. Use of same accounting policies by a firm from period to period
B. Dual aspect	II. Enterprise is treated as separate from owner and other persons
C. Separate Business Entity	III. Every transaction has a two-fold effect
D. Consistency	IV. Anticipate no profit, but provide for all possible losses

Codes:

Correct option is A

Based on the image and the given concepts and meanings, here is the correct matching:
· A. Conservatism: This concept suggests that accountants should anticipate no profit, but provide for all possible losses. Hence, A-IV.
· B. Dual Aspect: This concept means that every transaction has a two-fold effect, which is the foundation of double-entry bookkeeping. Hence, B-III.
· C. Separate Business Entity: This concept states that the enterprise is treated as separate from the owner and other persons associated with it. Hence, C-II.
· D. Consistency: This concept refers to the use of the same accounting policies by a firm from period to period. Hence, D-I.
Thus, the correct answer is: (a) A-IV, B-III, C-II, D-I.