/> Rohini, Delhi, India - 110042
1
Details verified of Yash Bansal✕
Identity
Education
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Class Location
Online (video chat via skype, google hangout etc)
Student's Home
Tutor's Home
Years of Experience in Class 6 Tuition
3
Board
State, ICSE, CBSE
CBSE Subjects taught
Mathematics, Social Science, English, Science, EVS
ICSE Subjects taught
Mathematics, English, EVS
State Syllabus Subjects taught
Social science, Mathematics, English, EVS, Science
Class Location
Online (video chat via skype, google hangout etc)
Student's Home
Tutor's Home
Years of Experience in Class 7 Tuition
3
Board
State, ICSE, CBSE
CBSE Subjects taught
Mathematics, Social Science, English, Science, EVS
ICSE Subjects taught
Mathematics, English, EVS
State Syllabus Subjects taught
Social science, Mathematics, English, EVS, Science
Class Location
Online (video chat via skype, google hangout etc)
Student's Home
Tutor's Home
Years of Experience in Class 8 Tuition
3
Board
State, ICSE, CBSE
CBSE Subjects taught
Mathematics, Social Science, English, Science, EVS
ICSE Subjects taught
Mathematics, English, EVS
State Syllabus Subjects taught
Social science, Mathematics, English, EVS, Science
Class Location
Online (video chat via skype, google hangout etc)
Student's Home
Tutor's Home
Years of Experience in Class 11 Tuition
3
Board
CBSE
Preferred class strength
Group Classes, One on one/ Private Tutions
CBSE Subjects taught
Mathematics, Accountancy, Entrepreneurship, Business Studies, Economics
Taught in School or College
No
5 out of 5 1 review
Ayush Bansal
"He is a very well-informed teacher and explains each and every concept in a detailed and fun manner. He is a very friendly teacher and easily connects with the students. You can ask him doubts as and when required. Gives a lot of material to practice so that we get good marks. "
Answered on 06/01/2023 Learn CBSE/Class 11/Commerce/Accountancy
The conservatism concept, which is related to the idea that expenses and liabilities should be recognised as soon as possible in situations where there is uncertainty about the possible outcome, and that assets and revenues should only be recorded when they are guaranteed to be received, is a concept in accounting.
In other words, the conservatism principle dictates that, given two potential outcomes for any accounting issue, the accountant must select the outcome that is the most conservative or has the lowest likelihood of being profitable.
In the worst case, the company should overstate its liabilities and expenses while understating its assets and revenues.
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Rohini, Delhi 
