When the lessor receives payment, the credits—

Related MCQs

• Lessor is the ………… Sol:
• Royalty is a revenue expenditure to lessor Sol:
• ………………..account is credited when lessor receive an amount Sol:
• A situation where a company receives applications for a smaller number of shares than offered to the public for subscription is termed as:
• A situation where accompany receives application for a greater number of shares than offered to the public for s7ubscription is termed as:
• Pro-rata payment is applicable when the cash available for competing liabilities of the same class is..
• Advance payment of tax is in the nature of
• Advance payment of tax should be shown on the
• An annual payment which an insurer guarantees to pay for lump sum money received in the beginning is called ………….
• The debentures whose principal amount is not repayable by the company during its life time, but the payment is made only at the time of Liquidation of the company, such debentures are called :