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Time Reversal Test is represented by symbolically is :
  • a)
    P01 x Q01 = 1
  • b)
    I01 x I10 = 1
  • c)
    I01 x I12 x I23 x …. I(n–1)n x In0 = 1
  • d)
    None of these
Correct answer is option 'B'. Can you explain this answer?
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Time Reversal Test is represented by symbolically is :a)P01 x Q01 = 1b...
Time Reversal Test in CA Foundation

Introduction:
Time Reversal Test is a concept in the field of accounting which is used to verify the arithmetical accuracy of the ledger accounts. It is an important concept that is widely used in the field of accounting.

Symbolic Representation:
The Time Reversal Test is represented by symbolically is I01 x I10 = 1.

Explanation:
The Time Reversal Test is based on the principle that the debit and credit amounts of a transaction should be equal. The test involves reversing the order of the ledger accounts and reversing the amounts of the transactions. If the resulting debit and credit amounts are equal to the original amounts, then the ledger accounts are considered to be accurate.

The symbolic representation of the Time Reversal Test, I01 x I10 = 1, represents the reversal of the ledger accounts. The I01 represents the debit amount of the first transaction and the I10 represents the credit amount of the second transaction. The multiplication of these two amounts should result in a value of 1 if the ledger accounts are accurate.

Conclusion:
In conclusion, the Time Reversal Test is an important concept in the field of accounting which is used to verify the accuracy of the ledger accounts. The symbolic representation of the test is I01 x I10 = 1, which represents the reversal of the ledger accounts and the multiplication of the debit and credit amounts of two transactions.
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Time Reversal Test is represented by symbolically is :a)P01 x Q01 = 1b)I01 x I10 = 1c)I01 x I12 x I23 x …. I(n–1)n x In0 = 1d)None of theseCorrect answer is option 'B'. Can you explain this answer?
Question Description
Time Reversal Test is represented by symbolically is :a)P01 x Q01 = 1b)I01 x I10 = 1c)I01 x I12 x I23 x …. I(n–1)n x In0 = 1d)None of theseCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Time Reversal Test is represented by symbolically is :a)P01 x Q01 = 1b)I01 x I10 = 1c)I01 x I12 x I23 x …. I(n–1)n x In0 = 1d)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Time Reversal Test is represented by symbolically is :a)P01 x Q01 = 1b)I01 x I10 = 1c)I01 x I12 x I23 x …. I(n–1)n x In0 = 1d)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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