Mines, quarries etc are
A) Fixed asset
B) Fictitious asset
C) Current asset
D) Wasting asset
Correct Answer:
Verified
Q4: Depreciation on machinery this transaction initially shown
Q5: The expenses which have been incurred to
Q6: Packing of goods for protecting the goods
Q7: The balance of profit and loss account
Q8: Carriage out expenses are come under
A)Administrative expenses
B)Financial
Q10: The final accounts , when adjustment entry
Q11: The closing stock will appear in trial
Q12: Outstanding salary is shown on
A)Balance sheet
B)Trading account
C)Suspense
Q13: If closing stock appear on the trial
Q14: Discount on purchase will be
A)Debited to profit
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