An asset posses which of the following?

Related Mcqs:

Specialized journals are more adequate for which TYPE OF BUSINESSES?

A. Small businesses B. Big businesses C. Sole proprietorship D. Partnership...

In which of the following orders data is entered in journal?

A. Alphabetical order B. Numeric order C. Bullets order D. Chronological order...

Goodwill A/c is a/an__________?

A. Nominal A/c B. Tangible Asset C. Intangible Asset D. Fictitious Asset...

The entry for creating a Provision for bad debts is_____________?

A. Debit Provision for Bad Debts A/c and credit Debtors A/c B. Debit Debtors A/c and credit Provision for Bad Debts A/c C. Debit Provision for Bad Debts A/c and credit Profit & Loss A/c D. Debit Profit and Loss A/c and credit Provision for Bad Debts A/c....

Computers taken on hire by a business for a period of twelve months should be classified as:___________?

A. Current assets B. Intangible assets C. Deferred revenue expenditure D. Not an asset...