On the assumption that the ideal gas law is applicable, the humidity of a gas may be expressed in terms of its total pressure (p) and absolute temperature (T), the molecular weights of the components and the partial pressure (pv) of the vapor.
When compared to cash accounting, the accrual method provides a more accurate picture of the economic condition of a construction project. In the cash method, you book revenue when you receive it and expenses when you pay them. While simple, the cash method doesnât tie revenue to the expenses that helped generate the revenue, so it is difficult to figure the profitability of different operations. The accrual method solves this problem.
Although wager is a contingent agreement, yet there are certain points of difference between the two: Contingent Contract. 1. A contingent contract has been defined as a contract to do or not to do something, if some event collateral to such contract does or does not happen. A contingent contract is wider in scope. 2. A contingent contract thus includes a wager. In other words a wagering agreement is a contingent agreement (contract).