18. Which of the following is correct A. Profit does not alter capital B. Capital can only come from profit C. Profit reduces capital D. Profit increases capital 19. Cost of asset should always be equal to the cost of the liabilities. This concept is A. Double Entry Bookkeeping B. Matching Concept C. Consistency D. Money measurement Concept 20. P&la/c is prepared for a period of one year by following: A. Consistency concept B. Conservatism concept C. Accounting period concept D. Cost Concept 21. Prepaid expense is treated as A. Current asset B. Current liability C. Short term liability D. None of these