Assets are NPAs for a period exceeding 12 months are called ………….

Related MCQs

• Assets are NPAs for a period not exceeding 12 months are called ………….
• M draw a 3 months bill of exchange of ` 20,000 on T on 1st April 07. On due date T paid ` 4,000 and requested M to draw another bill of exchange for 2 months. On the due date of second bill of exchange T is declared insolvement and a dividend of 25 paisa in a rupee is expedited to be realized from his assets. Find the amount receivable from T in respect of the outstanding bill of exchange
• The excess amount which the firm can get on selling its assets over and above the saleable value of its assets is called Sol:
• P & L Account is prepared for a period of one year by following [Hints: (c) P&L A/C is prepared for a period of one year by following the concept of Accounting Period.]
• 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-