The cost of a Fixed Assets of a business has to be written off over its
A) Natural Life
B) Accounting Life
C) Physical Life
D) Estimated Economic Life
Correct Answer:
Verified
Q51: In the hire purchase system interest charged
Q52: Goods are transferred from Department A to
Q53: Bad debts Recovered `750. It will be
A)Credited
Q54: Which of the following is a function
Q55: The out flow of funds to acquire
Q57: Receipts and Payments Account records
A)Only revenue nature
Q58: Excess of minimum rent over royalty is
Q59: If any transaction is not recorded in
Q60: Which of the following is not a
Q61: The person in whose favour the bill
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