The purchase value of assets over its serviceable life is categorised as

Related MCQs

• According to prescribed order of assets in a Company’s Balance Sheet ……………………… assets should be shown first of all.
• If value of opening inventories increases, what happens to the value of gross profit?
• When a fixed asset is bought as hire purchase, interest element is classified under ______ and loan element is classified under________.
• Where will you show purchase of Goodwill in a Cash Flow Statement?
• Which from the following is NOT an example of intangible assets?
• The following are the examples of financial assets except?
• In financial statements, the fixed assets are shown at …
• Cash inflows arise from _____ assets, ________ liabilities, and ___________ stockholders' equity.
• Which of the following are Non-current assets?
• Which of the following is not included in current assets.