Which of the following term is most suitable for writing off Patent?

Related MCQs

• Patent Royalty is based on Sol:
• Patent Royalty is based in Sales of a Product Sol:
• Which of the term is used to write off in reference to tangible fixed assets.
• Which of the following statements is true with regard to written down value method of depreciation? i. The rate at which the asset is written off reduces year after year ii. The amount of depreciation provided reduces from year to year iii. The rate of depreciation as well as the amount of depreciation reduce year after year iv. The value of the asset gets reduced to zero over a period of time
• Under the direct write-off method of recognizing a bad debt expense. Which of the following statements is/are true?
• From which account, expenses on issue of shares will be written off first of all:
• Loss on sale of machinery should be written off against
• Preliminary expenses not written off are shown in the balance sheet under the head…
• Bad -debts written off always affect the:
• The balance of Revaluation Reserve pertaining to an asset that has been disposed off or retired can be transferred to