Things which are purchased by the business for resale are called________
A) Purchase
B) Sale
C) Liabilit
Correct Answer:
Verified
Q33: A person who owes money to the
Q34: A _ is a person to whom
Q35: _denote goods brought for sale.
A)Sales
B)Purchase
C)Expense
Q36: _ is an example of wasting asset
A)Mines
B)Land
C)Closing
Q37: Asset acquired for long period of time
Q39: _ expenditure is increased to maintain the
Q40: _ is the major source of revenue
Q41: _ represent the amount invested by the
Q42: A_ transaction is one where in items
Q43: _ is not a tangible asset
A)Goodwill
B)Land
C)Closing stoc
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents