___________ is specially suited to mines, oil wells, quarries, sandpits and similar assets of a wasting character.

Related MCQs

• Mines quarries oilfields and forest are example of
• Mines, quarries etc are
• What is the example of wasting assets
• ________________ is an example of wasting asset
• When a branch purchases fixed assets and the assets account is to be kept in the books of the head office, the branch makes the following entry
• Fixed Assets and Current Assets are categorized as per concept of
• The excess amount which the firm can get on selling its assets over and above the saleable value of its assets is called Sol:
• The proceeds of assets not specifically pledged & nthe surplus of the assets specifically pledged is first available for_________________
• The proceeds of assets not specifically pledged & nthe surplus of the assets specifically pledged is first available for_________________
• A charge created not on specific assets but generally on all assets is known as………….