McqMate
Sign In
Hamberger menu
McqMate
Sign in
Sign up
Home
Forum
Search
Ask a Question
Sign In
McqMate Copyright © 2024
→
Bachelor of Business Administration in ...
→
Financial Accounting
→
Unexpired expenses is a _______
Q.
Unexpired expenses is a _______
A.
Liability
B.
Asset
C.
Income
D.
Expenditure
Answer» B. Asset
1.9k
0
Do you find this helpful?
16
View all MCQs in
Financial Accounting
Discussion
No comments yet
Login to comment
Related MCQs
The accounting process of gradually converting the unexpired cost of fixed assets into expenses over a series of accounting periods is
From the following details calculate the net profit for the year ending 31.03.2013 Opening Stock ` 1,50,000; Purchase ` 2,50,000; Manufacturing Expenses ` 80,000; Selling Expenses ` 20,000; Administration Expenses ` 10,000; Financial Charges ` 5,000; Slaes ` 5,55,000 which includes damaged goods sold for ` 5,000 against the cost price of ` 12,000. Gross profit margin on normal sales is 20% on the sales
Reserve for unexpired risk is shown under
If unexpired insurance appears in the Trial Balance, it should be
Expenses of the following nature are treated as a Revenue expenses except —
Buy Back must expenses may be treated as_________________
Preliminary expenses not written off are shown in the balance sheet under the head…
From which account, expenses on issue of shares will be written off first of all:
Preliminary expenses is an example of
Cost of goods sold plus selling expenses equals