Discount received is a/an:

Related Mcqs:

Cash discount is provided on _______________?

A. Purchases B. Prompt payment C. Sales D. Sales return...

Goods return to supplier are known as:__________?

A. Merchandise return B. Purchase return C. Return inwards D. Sales return...

The excess of current assets over current liabilities is called:

A. Working Capital B. Circulating capital C. Fixed capital D. Trading capital...

The assets which have some market value are called ____________?

A. Fixed asset B. Quick asset C. Fictitious assets D. Real assets...

The assets which come into existence upon the happening of a certain event are called__________?

A. Contingent assets B. Fixed assets C. Fictitious assets D. Quick assets...