Which of the following is/are fixed asset(s) ?
A) Closing inventory
B) Fixed Deposits in a bank
C) Patents
D) Prepaid expenses
Correct Answer:
Verified
Q20: The periodical total of discount column on
Q21: Which of the following statements is false?
A)Credit
Q22: Purchase of Fixed Assets on credit is
Q23: If you start with cash book favorable
Q24: When a Fixed Asset is obtained as
Q26: Bank Overdraft is shown as a
A)Current Liability
Q27: Which of the following is NOT a
Q28: If Machinery Account is debited with the
Q29: Which of the following is true?
A)Bank Account
Q30: Which of the following is a liability
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