Fictitious Assets are to be transferred to ___________________

Related MCQs

• Which of the following assets is a fictitious asset
• The proceeds of assets not specifically pledged & nthe surplus of the assets specifically pledged is first available for_________________
• The proceeds of assets not specifically pledged & nthe surplus of the assets specifically pledged is first available for_________________
• A charge created not on specific assets but generally on all assets is known as………….
• 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
• Long term assets being `3,00,000, current Assets `80,000, outside liabilities `1,20,000. Find owners equity-
• The excess amount which the firm can get on selling its assets over and above the saleable value of its assets is called Sol:
• The following statement stands true when intangible assets are compared to the current assets Sol:
• In case of Buy Back at a discount the amount of discount is transferred to _________________