Resources which are invested in permanent asset are called
A) Investment
B) Working capital
C) Block capital
D) Intangible capital
Correct Answer:
Verified
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
Q16: Sales is equal to
A)Net income + expenses
Q17: The premium paid on the life policy
Q18: Expenses which have become due during the
Q19: Balance sheet is a _
A)Ledger
B)Account
C)Statement
D)Subsidiary book
Q20: Income tax paid for the proprietor from
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