Fixed assets are held by business for _____

Related MCQs

• In income measurement & recognition of assets & liabilities which of the following concepts goes together ?
• Rohit carrying on real estate business sold a piece of land for Rs.4,00,00,000 (cost Rs.3,50,00,000) then the type of receipt is ______ nature and profit on sale is
• The proprietor of the business is treated as creditor for the capital introduced by him due to_____ concept.
• If one of the cars purchased by a car dealer is used for business purpose, instead of resale, then it should be recorded by_____
• If wages are paid for construction of business premises ______ A/c is credited and _A/c is debited.
• Business enterprise is separate from its owner according to _________ concept.
• Any written evidence in support of a business transaction is called:
• According to the money measurement concept, the following will be recorded in the books of account of the business: