The proceeds of assets not specifically pledged & nthe surplus of the assets specifically pledged is first available for_________________

Related MCQs

• The proceeds of assets not specifically pledged & nthe surplus of the assets specifically pledged is first available for_________________
• Which of the following would not appear in a limited company’s surplus/Deficit statement
• A charge created not on specific assets but generally on all assets is known as………….
• Which of the following item will be taken in the surplus statement
• Surplus is……………. Sol:
• Surplus Of Amount In Statement Of Affairs Should Be Distributed To
• 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: