Fixed payment made for the used of an assets is called Financial Lease Sol:

Related MCQs

• The excess amount which the firm can get on selling its assets over and above the saleable value of its assets is called Sol:
• A person who take property on lease is called customer Sol:
• The following statement stands true when intangible assets are compared to the current assets Sol:
• 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
• In cash flows, when a firm invests in fixed assets and short-term financial investments results in
• Computer Accounting System is used for recording the financial transaction. Sol:
• Which of the term is used to write off in reference to tangible fixed assets.
• The excess of assets over liabilities in non-trading concerns is termed as: Sol:
• Valuation of ------------- Assets is difficult. Sol: